Wärtsilä Corp has downgraded the demand outlook for its marine business as scrubber orders slow and on concerns about overall newbuilding demand.
Cosco Shipping Heavy Industry (CSHI) and Wartsila have penned a memorandum of understanding to cooperate in the production and growth of the exhaust has cleaning market in China.
Teekay Offshore Partners has secured $165.5m in long term financing from the Norwegian government for four new shuttle tankers which will operate with zero volatile compounds (VOC) emissions.
Wärtsilä Corp is expanding its UK support services capabilities with the acquisition of Ships Electronic Services (SES).
Technology group Wärtsilä is implementing a fleet operations solution catered to the sensitive Arctic waters for the shuttle tankers of Russia’s shipping firm Sovcomflot.
Wärtsilä is set to deliver the world’s first hybrid retrofit installation for a short-sea vessel owned by Hagland Shipping, following an agreement inked in December 2018.
When it comes to talking about Wärtsilä’s digitalisation strategy Chief Digital Officer Marco Ryan stresses, stewardship and collaboration with customers and stakeholders, to find workable solutions, with a real business case, that will help shipping be more efficient and sustainable.
Wärtsilä has opened a technology Acceleration Centre in Singapore with its first project to develop an autonomous tug, or IntelliTug, in partnership with the Maritime & Port Authority of Singapore (MPA) and customer PSA Marine.