The technology group Wärtsilä partners with the Maritime and Port Authority of Singapore (MPA) to promote maritime innovation and R&D. The partnership covers four different streams: digital acceleration, cyber-physical security, intelligent vessel and port operations. Wärtsilä and MPA have also agreed to support and leverage start-ups and small and medium enterprises in Singapore in these…
The technology group Wärtsilä continues its strong presence in Senegal with the signing of a contract to engineer, manufacture and deliver a 130 MW Flexicycle plant to be an integral part of Senegal’s energy future. The Malicounda power project in Mbour is located 85 km from the country’s capital Dakar. The order, booked in March,…
The technology group Wärtsilä is partnering with the cyber security company Templar Executives to establish a world-class cyber academy in Singapore. The academy will offer courses designed to support and enhance the collective cyber maturity of the wider shipping community, notably operators and owners. “We believe this is a first for the maritime industry; a…
For 20 years, the technology group Wärtsilä has supported the economic development of Bangladesh through the provision of electricity generating capacity. This support is continued with the latest contract for a 113 MW power plant to be delivered to Chowmuhoni, Bangladesh. The order was placed by HF Power Ltd and was booked in April. HF…
The technology group Wärtsilä announces that its acquisition of Transas, a global company headquartered in the U.K., has now been finalised. Control of the company will be transferred to Wärtsilä effective from 4 May, 2018. The acquisition, which was announced in March 2018, has a transaction value of MEUR 210 (enterprise value). Transas is a…
The LNG terminal to be built at the Finnish Port of Hamina by the technology group Wärtsilä under a turnkey contract has reached financial close and received the necessary building permits. Debt financing for the project has been concluded with Skandinaviska Enskilda Banken and Finnvera, the Finnish state-owned specialised financing company. The total investment is…
Eniram, a Wärtsilä company, has signed a Memorandum of Understanding (MoU) with Athens-based Arista Shipping to participate in the Project Forward initiative, which is led by Arista. The project has developed a dry bulk carrier vessel that features an unprecedented high level of energy efficiency. The carrier’s design is based on LNG fuelled propulsion. Eniram’s…
The technology group Wärtsilä’s Fuel Gas Supply Systems have passed a significant milestone with the 100th order being booked. Two new shuttle tankers being built for Singapore based AET Tankers will feature Wärtsilä 34DF dual-fuel auxiliary engines running primarily on LNG fuel, and fitted with LNGPac units. This contract brought the total number of orders…
The technology group Wärtsilä is utilising its strong in-house capabilities to create further advances in operational efficiency and safety for ship owners and operators. The latest in the company’s drive towards harnessing innovative and creative technologies to build more sustainable and cost-efficient shipping took place in a successful testing programme onboard the cruise ship ‘Costa…
Wärtsilä is partnering with Mr. Tapio Lehtinen as he participates in the historic Golden Globe Race 2018-2019. The partnership is closely linked with Wärtsilä’s global nature and presence of Wärtsilä’s business and our commitment to a clean environment. Tapio, 60, is a life-long sailor and has been sailing since his childhood, taking part in various…
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