• 2018 August 21 11:13

    Wärtsilä to build Smart Technology Hub, next-generation innovation and production centre in Finland

    Wärtsilä is building the Smart Technology Hub, a new centre of research, product development and production, in Vaskiluoto, Vaasa. As of 2020, all of Wärtsilä's functions and personnel in central Vaasa will transfer to the new hub, along with the logistics and maintenance workshop operations from Runsor, the company announces in its press release.

    As a part of the project, Wärtsilä will invest EUR 83 million in modern testing and production technology for the hub. The total investment in the Smart Technology Hub will be in the region of EUR 200 million, consisting of office and factory buildings, logistics and infrastructure.

    "Constant renewal is in Wärtsilä's DNA," says Wärtsilä's President & CEO, Jaakko Eskola. "This company was established in 1834 as a sawmill in the village of Värtsilä in Tohmajärvi, and now it is the global leader in smart technology and complete lifecycle solutions for the marine and energy markets. The Vaasa Smart Technology Hub represents another generational shift for us – it will bring Wärtsilä's expertise into a whole new realm."

    The Smart Technology Hub is the latest tangible step in Wärtsilä's Smart Marine and Smart Energy visions. The hub will be unique in its field, enabling more agile, more efficient testing and product development of solutions for the maritime, oil and gas industries, as well as new energy systems.

    "The Smart Technology Hub will become an important part of Wärtsilä's worldwide network of centres of expertise," says Hannu Mäntymaa, Director, R&D and Engineering at Wärtsilä. "By sharing what we have learned in our various units, we will be able to provide our customers with even better products and services. We will develop processes at the Vaasa Smart Technology Hub, which we will be able to deploy in other locations."

    The Smart Technology Hub will invite other operators in the sectors and researchers to collaborate. The vision is to create a partners' campus where research and product development take place together with Wärtsilä's customers and suppliers, start-ups in the sector and universities.

    "Amazing ideas do not just appear out of thin air," states Vesa Riihimäki, Managing Director of Wärtsilä Finland Oy. "By bringing together experts from different walks of life – both from business and from the university world – we will build an inspiring environment for new creativity."

    Planning of the Smart Technology Hub is well underway, and the new centre will open its doors in Vaskiluoto in 2020. The Vaasa region is already the leading energy technology cluster in the Nordic region, and the developing area of Vaskiluoto will further reinforce the region's significance and potential as a global trendsetter. Wärtsilä is the largest private-sector employer in Vaasa with around 3,000 personnel, and the Vaasa unit is Wärtsilä's largest location. Wärtsilä has approximately 400 employees in Turku and almost 500 in Helsinki.

    The Group's transformation into a technology services company has necessitated property investments in smart technology, new working methods and sustainable development throughout the organisation. Alongside the Smart Technology Hub, the most visible renewal projects have included the new business premises in Runsor, Vaasa, and the Wärtsilä Helsinki Campus in Salmisaari, Helsinki, due for completion in the late autumn. The value of these investments is just under EUR 20 million.

    Wärtsilä in brief
    Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2017, Wärtsilä’s net sales totalled EUR 4.9 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.




2018 September 19

08:07 GTT signs a Technical Assistance and License agreement with Hyundai Mipo Dockyard
07:40 DNV GL awards AiP to Jiangnan Shipyard for 93K cbm very large ethane carrier design “PANDA E”

2018 September 18

18:09 Cruise ships called Saaremaa Harbour nine times during the summer season
17:52 Arctic units of RF Navy’s Northern Fleet hold amphibious assault training at Chukotka coast
17:27 Annual Advanced Course on Port Operations and Management held in France on 10-12 September
17:04 Maersk Line announces rates from Europe & Mediterranean to West Africa
16:50 Marinet Conference gathered more than 500 on-site and virtual participants
16:21 Drilling rig supply ship of Project 22420, Ostap Sheremet, left Amursky Shipyard for outfitting and testing
16:04 Maersk Line announces new Bunker Adjustment Factor (BAF)
15:34 NYK participates in Japan Climate Initiative
15:04 6 MOL-operated/managed vessels earn commendations from Japan Coast Guard Regional Headquarters
14:30 Yang Ming launches new container vessel 'YM Wellbeing'
14:16 Throughput of Chinese ports grew by 4.1% to 6.15 billion tonnes in 8M’18
14:03 PORT OF KIEL restructures Ostuferhafen access area
13:52 RS gains ISO 9001:2015 Certificate
13:28 Kolmar to export up to 40 million tonnes of coal per year via a terminal under construction in the Muchke Bay
13:04 Throughput of port Kaliningrad in 8M’18 grew by 6% Y-o-Y to 9.6 million tonnes
12:40 Okskaya Sudoverf takes part in Global Fishery Forum and Seafood Expo 2018
12:17 Throughput of port Shanghai (China) declined by 1% to 372.85 million tonnes in 8M’18
11:55 Fuel oil prices show no significant changes in the Far East ports of Russia (graph)
11:31 Throughput of port Vyborg in 8M’18 up 23% Y-o-Y to 1.15 million tonnes
11:09 Diana Shipping aqnnounces time charter contract for m/v Artemis with Ausca
10:48 Throughput of port Primorsk in 8M’18 fell by 11% Y-o-Y to 35.79 million tonnes
10:30 Throughput of port Vysotsk in 8M’18 declined by 3% Y-o-Y to 12.07 million tonnes
10:09 Georgia Ports Authority approves $92M rail expansion
09:52 Brent Crude futures price down 0.55% to $77.62, Light Sweet Crude – down 0.44% to $68.39
09:43 ABS Global Gas Team awarded classification contract for Singapore's first LNG bunker barge
09:33 Krasnoye Sormovo shipyard delivers Pola Feodosia, fourth dry cargo carrier of Project RSD59
09:15 Baltic Dry Index is down to 1,357 points
08:17 GTT and Keppel Offshore & Marine sign a license agreement for the construction of membrane tank solutions
07:36 Bureau Veritas issues approval for GTT’s new NO96 Flex cargo containment system

2018 September 17

18:04 Maersk Line announces rates from Indian Subcontinent and Middle East to Mediterranean
17:50 ICS launches free guidance on preparing for 2020 sulphur cap
17:23 Throughput of port Ust-Luga in 8M’18 declined by 5% Y-o-Y to 64.49 million tonnes
17:04 Maersk Line announces rates from Europe & Mediterranean to West Africa
16:35 Cheniere and Vitol sign 15-year LNG sale and purchase agreement
16:04 Port of Piraeus establishes partnership with Port of Guangzhou
15:30 Keppel delivers its second LNG-powered vessel to Keppel Smit Towage Singapore
15:12 Maersk Line announces rates from Far East Asia to West Africa
14:58 HHLA floating crane loads world’s biggest ship propeller onto a vessel at the Port of Hamburg
14:50 Throughput of Port St. Petersburg up 12% to 39.39 million tonnes in 8M’18
14:23 Training for reducing emissions in ports held in Georgia
14:01 Incheon Port Authority signs agreement of 'Formation of eco-friendly port' with UNEP
13:36 Wärtsilä wins world’s first ‘LPG as fuel’ order for new generation of innovative gas carriers
13:12 GTT receives an AiP from Bureau Veritas for the development of its new cargo containment system (CCS) NO96 Flex
12:50 Registration opens for SMi’s 4th annual Maritime Reconnaissance & Surveillance Technology conference
12:31 Maersk to change fuel adjustment surcharge ahead of the 2020 sulphur cap
12:05 Super Luxury MV Viking Orion calls Colombo
11:57 Average wholesale prices for М-100 HFO up to RUB 20,404 in RF spot market
11:24 Bunker sales at the port of Singapore in 8M’18 down 1% Y-o-Y to 33.35 million tonnes
11:19 DNV GL starts phase II of project to examine the impact of phase-contamination on oil flow meters
11:03 Port of Singapore throughput in 8M’18 grew by 1.2% Y-o-Y to 418.62 million tonnes
10:46 Valencia Containerised Freight Index up 8.19% from January to August 2018
10:41 Throughput of port Helsinki (Finland) in 8M'18 up 8.9% Y-o-Y to 7.67 million tonnes (table)
10:18 The Maritime Standard reveals finalists for 2018 Awards
09:56 Brent Crude futures price down 0.12% to $78, Light Sweet Crude – down 0.07% to $68.72
09:34 Port of HaminaKotka throughput in 8M’2018 up 14.3% Y-o-Y to 10.9 million tonnes
09:15 Baltic Dry Index is down to 1,366 points
08:07 Newcastle welcomes ro-ro shipment for Newcastle Light Rail project
07:05 U.S. Port of Corpus Christi resumes normal operations