Wärtsilä services LNG-powered cruisers
Wärtsilä has signed an eight-year Lifecycle Agreement with Carnival Corp covering four LNG-powered cruise ships, including two vessels currently under construction. The deal covers ships operating under the Princess Cruises and Carnival Cruise Line brands.
Wärtsilä of Finland to supply gas systems and navigation equipment for six Russian Arctic LNG carriers
Wärtsilä, the Finland-based equipment provider for maritime and energy markets, said it would supply the Inert Gas Generator systems, as well as navigation system technology for six newbuild LNG carriers under construction to serve the Arctic LNG II export project in northern Siberia.
The orders were placed with Wärtsilä by the South Korean shipyard, Daewoo Shipbuilding Marine Engineering (DSME).
There are options for an additional two or possibly four vessels.
One division of the Finnish company, Wärtsilä Gas Solutions, will deliver the Inert Gas Systems used for safe operations on LNG and other gas vessels as well as oil tankers.
Another part of the DSME contract is with the Wärtsilä Voyage division to provide display system and workstations for the Wärtsilä Navi-Sailor Electronic Chart Display and Information System (ECDIS), Navi-Radar, the Navi-Conning navigation information display system, a Bridge Alert Management System (BAMS) and the Wärtsilä Navi-Planner for advanced route planning.
The scope also includes IRIDIUM satellite communication systems.
“These vessels will operate in severe climatic conditions, and it is essential that all onboard systems are capable of safe and reliable performance under all conditions,” said Jaechul Ha, an executive at Wärtsilä Gas Solutions.
“We have worked closely with both DSME and Sovcomflot (SCF) in the past, and are pleased to continue these relationships,” added Ha.
The company said that all the navigational systems to be installed on the Russian-flagged carriers come integration-ready with Wärtsilä Voyage’s flagship Fleet Operations Solution.
The 172,500 cubic metres capacity vessels will have a high ice-class rating for year-round operations along the challenging Northern Sea Route, delivering cargoes eastwards to Asia from the liquefaction plant in northern Siberia.
Wärtsilä said the delivery of its equipment to the South Korean yard was scheduled to begin in September 2021.
The company’s Wärtsilä Marine Power division had earlier in 2021 announced an order for 46 dual-fuel engines for the same six LNG carriers being built for Arctic LNG.
Massive endorsement given by key study into life-cycle superiority of LNG as a maritime fuel
The most comprehensive study ever undertaken to assess the advantages of liquefied natural gas as a marine fuel, involving leading consultants, academics, the oil and gas majors and the leading global engine-makers, has given LNG a massive endorsement.
Wärtsilä results mixed
Jan 31 (LNGJ) - Wärtsilä, the Finnish ship-propulsion and gas systems company, said profits before taxes declined by 5 percent in the fourth quarter to 215 million euros ($268M) compared with 226M euros in the same three months of 2016. On an annual basis, pre-tax profits were up 6 percent at 506M euros versus 479M euros the previous year. Fourth-quarter order intake rose 14 percent to 1.51 billion euros and on a yearly basis orders were up 15 percent at 5.64Bln euros. “The favourable order trends seen throughout the year continued in the fourth quarter, providing us with a solid basis from which we can develop our business,” said President and Chief Executive Jaakko Eskola. Wärtsilä noted that in December 2017 it signed a cooperation agreement with French LNG storage technology company GTT to explore potential business opportunities in the marine sector in relation to LNG storage, fuel-gas supply systems and associated services.
Wartsila profits decline
Oct 25 (LNGJ) - Wartsila, the Finnish propulsion equipment and power and project company, posted a 1 percent fall in third-quarter pretax profits to 114 million euros ($134M) as net sales rose 9 percent to 1.17 billion euros from 1.07Bln euros in the same three months a year ago. “Wartsila’s performance in the third quarter was satisfactory,” said Jaakko Eskola, President and Chief Executive. “Although power plant deliveries continued to drive overall sales development, challenges in the offshore segment and low volumes from service projects resulted in lower than expected sales growth,” he added. “I am pleased with the continued growth in order intake. In addition to good demand for our power solutions, we received an order to build our third LNG terminal in Finland, which will be in Hamina,” said the CEO.
Finland completes Tornio Manga onshore LNG terminal giving nation second import facility
Finnish power project company Wartsila, which also makes propulsion and gas equipment for ships, said it achieved mechanical completion of the Tornio Manga onshore LNG terminal, giving Finland its second import and regasification facility.
Wärtsilä’s LNG-to-Power concept helps prop up ‘wind chasers’
LNG-to-energy solutions, notably for distributed power, have made Wärtsilä one of the biggest supplier of gas- and liquid fuel-fired power stations in the 5 - 600 MW range. Such baseload and/or grid stability plants are used predominately as ‘wind chasers’ and ‘sunset balancers’, compensating for intermittent supply of renewable energy – soon also on the island of Aruba.
Germany's first LNG-fuelled research ship to run on Wärtsilä engines
Finish technology group Wärtsilä will supply engines and its LNGPac fuel gas handling system for a new research vessel, under construction at Fassmer shipyard in Germany. All equipment is due delivered to the yard in mid-2018, for the vessel to enter service in early 2020.
Plans for LNG dredger
April 12 (LNGJ) - Finnish maritime propulsion and LNG systems maker Wartsila said it was contracted to supply a package of engines and machinery for a new Cutter Suction Dredger (CSD) vessel. When delivered, the “Spartacus”', which is being built on behalf of Belgium based Dredging International, will be the world's most powerful CSD and the first ever to be fuelled by liquefied natural gas. It is being built at the Royal IHC yard in the Netherlands. Wartsila said its order was worth 20 million euros ($21.2M) to the company. “Wartsila has worked in close cooperation with the owners starting from the early stages of this large project,” said Arthur Boogaard, General Manager for Special Vessels at the Finnish firm. “This has enabled a well engineered and fully integrated propulsion arrangement and an LNG fuel system that is optimized for the needs of the vessel,” he added.
Finnish marine propulsion and LNG fuel system maker Wartsila posts fall in annual profits
Wartsila, the Finnish marine propulsion and energy and gas equipment maker in the LNG sector, posted a 13 percent fall in annual profits to 479 million euros ($511M) compared with
553M euros the previous year.
