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Last $46.70 USD
Change Today 0.00 / 0.00%
Volume 0.0
WRTBF On Other Exchanges
Symbol
Exchange
Stuttgart
OTC US
OTC US
As of 8:10 PM 06/18/15 All times are local (Market data is delayed by at least 15 minutes).

wartsila oyj abp (WRTBF) Snapshot

Open
$46.70
Previous Close
$46.70
Day High
$46.70
Day Low
$46.70
52 Week High
07/23/14 - $52.60
52 Week Low
12/12/14 - $43.45
Market Cap
9.2B
Average Volume 10 Days
110.7
EPS TTM
--
Shares Outstanding
197.2M
EX-Date
03/6/15
P/E TM
--
Dividend
$1.12
Dividend Yield
2.67%
Current Stock Chart for WARTSILA OYJ ABP (WRTBF)

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wartsila oyj abp (WRTBF) Details

Wärtsilä Corporation provides power solutions for the marine and energy markets worldwide. It operates in three segments: Utilities, Independent Power Producers, and Industrial Customers. The company’s products include control and monitoring equipment for individual products and integrated solutions for vessels; ballast water management system solutions; high pressure air and gas compressors for marine, industrial, and offshore application; and engines and generating sets. It also offers exhaust gas cleaning systems; gas handling systems; and LPG systems and tank control systems, as well as process solutions, including specialized LNG projects. In addition, the company provides marine reduction gears; inerting gas solutions; oil separation systems; integrated products for service power generation and diesel-electric propulsion; and various propulsor solutions comprising propellers, thrusters, and waterjets. Further, it offers pumps and valves for liquid cargo handling; seals, bearings, and stern tubes; and waste, oil, and fresh water management solutions. Additionally, the company provides basic support services, such as original equipment manufacturer spare parts, tools, consumables, field services, workshop and reconditioning services, and technical services; and installation, commissioning, performance optimization, upgrades, conversions, and environmental solutions. The company offers its products and services to companies operating in merchant, offshore, cruise and ferry, navy, and special vessel segments. Wärtsilä Corporation was founded in 1834 and is headquartered in Helsinki, Finland.

17,707 Employees
Last Reported Date: 04/23/15
Founded in 1834

wartsila oyj abp (WRTBF) Top Compensated Officers

Chief Executive Officer, President and Member...
Total Annual Compensation: €1.1M
Compensation as of Fiscal Year 2014.

wartsila oyj abp (WRTBF) Key Developments

Wartsila Receives an Order for Hybrid Scrubber Systems to Clean the Exhaust Emissions from Three 2500 TEU Container Vessels

Wartsila has received an order for Hybrid Scrubber Systems to clean the exhaust emissions from three 2500 TEU container vessels. The installation has been ordered by a major European owner and operator and will be carried out at the Jinhai Heavy Industry Co. Ltd. in China. The contract was signed in March 2015 and the systems are scheduled for delivery in December 2015. The scrubber system, which comprises two scrubber units, will be installed to clean the exhaust from both the main and auxiliary engines. This arrangement enables great flexibility and cost savings when operating at different operational settings. In all, 28 MW of total power output will be handled by the Wartsila system. The system is designed to clean the sulphur oxide (SOx) and particulates from the exhaust gas. The design incorporates a cleaning system for the scrubbing wash water. This ensures that the eventual discharge water is well within the regulatory limits. Special care has also been given in the design to allow the systems to operate for extended periods with zero discharge of the effluent scrubbing water. This is an important advantage when the vessels are operating in environmentally sensitive waters. Wartsila will provide engineering and consulting support during the installation, while the company's global service network will ensure ongoing technical support throughout the lifecycle of the vessels. Wartsila Hybrid Scrubber Systems enable the use of either closed or open loop technology to remove SOx from the exhaust. When operating in open loop mode, exhaust gases enter the system and are sprayed with seawater. Chemicals are not required since the natural alkalinity of seawater reacts with the sulphur and cleanses it from the exhaust gas. When operating in closed loop mode, sodium hydroxide (NaOH) is added to the seawater as an alkali. The hybrid approach enables operation in closed loop mode when required, for instance when entering zero discharge areas or where the seawater alkalinity is low, and elsewhere the switch can be made to open loop using only seawater.

Wartsila Corporation Launches Series of Four New Container Feeder Vessel Designs

Wartsila Corporation has launched a series of four new container feeder vessel designs. The innovative designs are based upon achieving optimal fuel efficiency, while being compliant with all known current and future environmental regulations. The four ship designs, namely the WSD80-1500, WSD80-2400, WSD80-4000 and WSD84-2400, feature exceptionally low and best-in-class fuel consumption. Each design is available in three versions; 'conventional' using HFO as fuel, 'environmental' using HFO with exhaust cleaning scrubber systems, and 'clean' with dual-fuel capability and running mainly on liquefied natural gas (LNG). Fuel flexibility is, therefore, a main feature of these latest Wartsila designs along with fuel efficiency, cargo capacity, systems redundancy and the lowest possible levels of exhaust emissions. Since container feeder vessels operate largely within existing or anticipated ECA (Emissions Control Areas) or SECA (Sulphur Emissions Control Areas), environmentally compliant designs are extremely relevant.

Wartsila Corporation Launches New Platform Supply Vessel Ship Design

Wartsila Corporation has launched a new platform supply vessel, or PSV, ship design. The new design builds upon Wartsila's extensive and successful track record within the PSV segment, and puts the emphasis on increased cost efficiency, innovation and reducing environmental risk. The design enables significantly lower fuel consumption when compared to existing PSV's on the market. The key improvement areas featured in this design include an efficient energy system with batteries, and optimized hull lines with high propeller efficiency. Other important features include an optimized superstructure and engine room, and an accommodation arrangement that promotes cost efficient construction. The design is in line with the future regulations for up to 1200 m3 of type II chemicals, and has significantly improved visibility from the bridge, reduced noise and vibration, and a main deck design that optimises the deck cargo area.

 

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