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Wartsila Oyj Abp (WRT1V.HE)

WRT1V.HE on Helsinki Stock Exchange

18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Finland's Wartsila to provide engines, propulsion for two trawlers
Monday, 7 Aug 2017 03:02am EDT 

Aug 7 (Reuters) - Wartsila Oyj Abp :says has been contracted to provide the engines and the complete propulsion package, including the propulsion control system for two new fishing trawlers being built for Murmansk, Russia based Nord Pilgrim Ltd.The ships are to be constructed at the PJSC Vyborg shipyard in Russia, orders with Wartsila were booked in June.  Full Article

Wärtsilä to supply 22 mw power plant to Morocco
Friday, 4 Aug 2017 03:00am EDT 

Aug 4 (Reuters) - Wartsila Oyj :Wärtsilä to supply 22 MW power plant to Morocco.Says power plant consists of two Wärtsilä 46 engines, operating on heavy fuel oil with capability to use light fuel oil as a back-up.  Full Article

Finland's Wartsila to provide engines for Chinese vessels
Wednesday, 2 Aug 2017 04:00am EDT 

Aug 2 (Reuters) - Wartsila Oyj Abp :says has been contracted to provide the main engines, retractable thrusters and exhaust cleaning equipment for two new research vessels being built for the China Ocean Mineral Resources R&D Association.ships are being built at the CSSC Huangpu Wenchong Shipbuilding and Wuchang Shipbuilding Industry Group yards.orders were booked in April 2017.  Full Article

Finland's Wartsila wins order from Japan
Wednesday, 26 Jul 2017 03:00am EDT 

July 26 (Reuters) - Wartsila Oyj Abp :says company has been contracted to supply the exhaust gas cleaning systems for two new 56,000 DWT Handymax bulk carriers that are being built in Japan for NYK Bulk & Projects Carriers Ltd, a subsidiary of Nippon Yusen Kabushiki Kaisha.the order was booked in June, equipment is scheduled for delivery to the yard commencing in July 2018.  Full Article

Wartsila shares rise after Q2 report
Thursday, 20 Jul 2017 02:02am EDT 

July 20 (Reuters) - Wartsila :Shares rise 5.5 percent by 0703 GMT.  Full Article

Finland's Wartsila Q2 order intake beats expectations
Thursday, 20 Jul 2017 01:30am EDT 

July 20 (Reuters) - Wartsila Oyj Abp :Q2 order intake 1.36 billion euros ($1.57 billion) versus 1.22 billion euros in Reuters poll.Q2 adjusted EBIT 126 million euros versus 127 million euros in Reuters poll.Says overall development in 2017 is expected to be relatively unchanged from previous year.Says demand seen solid in services and good in energy solutions.sees solid demand in marine solutions (raised from soft), thanks to a favourable vessel contracting mix.Says will continue to focus on improving efficiency, which is expected to partially offset lower volumes in marine markets.  Full Article

Wartsilä wins power plant maintenance order in Argentina
Friday, 14 Jul 2017 03:00am EDT 

July 14 (Reuters) - Wartsila Oyj Abp :Says will take full operations and maintenance responsibility for Pampa Energia S.A.'s <<>> installation in the Buenos Aires province, Argentina.  Full Article

Wartsila wins solar plant service order in Burkina Faso
Wednesday, 12 Jul 2017 03:00am EDT 

July 12 (Reuters) - Wartsila Oyj Abp :Says has signed its first Asset Management Agreement for a photovoltaic (PV) power plant in April 2017.Says will assume full responsibility for the operation and maintenance of the Essakane solar plant in the Sahel region of Burkina Faso.Says seven year agreement includes the daily operation of the solar plant and maintenance.  Full Article

Wartsila wins heating plant order from Vapo group
Tuesday, 11 Jul 2017 08:55am EDT 

July 11 (Reuters) - Wartsila Oyj Abp :Says has signed with Vapo Oy a contract to deliver a BioEnergy wood and peat-fired heating plant.Says contract also includes a 6 MWth heavy fuel oil plant.  Full Article

Wartsila supplies two gas power plants to Iran
Monday, 10 Jul 2017 08:00am EDT 

July 10 (Reuters) - Wartsila Oyj :Says will supply engineering and equipment deliveries for two baseload power plants to Iranian energy companies Baran Niroo Beshel Co. and Tamin Niroo Saam Co.Says orders are booked in Q2 of 2017.  Full Article

BRIEF-Wartsila renews service deal with Norwegian Cruise Line Holdings

* says Wartsila and U.S. based cruise operator Norwegian Cruise Line Holdings (NCLH) have signed a renewal of their existing performance-based service agreement for engines in 10 cruise ships Source text for Eikon: Further company coverage: (Helsinki Newsroom)