Wärtsilä technology for Chinese 38,000 tonne ...

Wärtsilä Corporation, Trade & Technical press release, 31 May 2010

Wärtsilä, the marine industry's leading ship power systems integrator, has
signed a contract to deliver a ship power system for a 38,000 tonnage
semi-submersible heavy-lift vessel for Chinese customer Zhejiang Share-ever
Business Co., Ltd. Wärtsilä's solution was selected for its proven reliability,
and because of the first class global service support the company is able to
provide.

Zhejiang Share-ever Business Co., Ltd is a privately owned company with more
than 20 large-size vessels, including 72m offshore platform supply ships, ocean
cargo carriers of between 27,000 and 50,000 tonnes, and drag-suction dredgers.
The company seeks to utilize the latest marine technologies and works closely
with domestic vessel design institutes.

Zhejiang Share-ever Business Co., Ltd is a new customer to Wärtsilä. "Wärtsilä
is a well-known name in the marine industry and has proven itself to be worthy
of our trust," said Mr Xia, President of Zhejiang Share-ever Business Co., Ltd.

This vessel will operate in offshore waters around the world, and will be mainly
used in loading and transporting large-size offshore equipment required by the
offshore oil and gas industry. Such equipment includes large-size steel
structures, various kinds of platforms, platform jackets, and main platform
blocks, etc. used in prospecting and exploration. The vessel will also assist
large commercial vessels and naval ships in re-floating and similar operations.
The vessel will be delivered in the end of 2011.


Reliable power generation

The engine configuration is based on the proven Wärtsilä 32 medium speed
engines. The scope of supply includes three 9-cylinder in-line Wärtsilä 32
generating sets for a diesel electric installation, and three tunnel thrusters.

Wärtsilä's fully diesel electric machinery allows for reliable and flexible
power. For example, in order to optimize engine loading, rationalize fuel
consumption, and ensure the most economical operation under all conditions, only
the necessary number of generating sets will be engaged at any one time.
Furthermore, in addition to providing fuel efficiency and cost savings, this
flexibility ensures that the level of emissions is automatically controlled.


Growing market

"This kind of vessel has generated great interest amongst investors in the
marine industry, and the market for it appears to be growing rapidly. Wärtsilä
has been very successful in taking its share of related business opportunities,
and we now have an excellent list of references to show our customers," said
Michael Zhou, Business Manager, Special Vessels, Wärtsilä in China.

The 38,000 tonne self-propelled semi-submersible vessel has a total length of
195m with a moulded width of 41.5m. The moulded depth is12m, the designed draft
is 8.6m, and its maximum diving depth is 23m. Propelled by electric power, the
vessel features automated management, an unattended cabin, dynamic positioning,
and a service speed of 13.5 knots. It is designed by the Marine Design &Research
Institute of China under CSSC for technical specifications, and by Jiangsu
Modern Shipbuilding Technology Co., Ltd. for production processes.



Media contact:
Ms Marit Holmlund-Sund
Senior Manager, PR and Marketing Communications
Wärtsilä Corporation
Direct tel: [phone]
Direct fax: [phone]
e-mail: [e-mail]
<mailto:[e-mail]>
Internet: www.wartsila.com <

http://www.wartsila.com/>



Wärtsilä in brief:

Wärtsilä is a global leader in complete lifecycle power solutions for the marine
and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximises the environmental and economic performance of the
vessels and power plants of its customers.

In 2009, Wärtsilä's net sales totalled EUR 5.3 billion with more than 18,000
employees. The company has operations in 160 locations in 70 countries around
the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.

www.wartsila.com <

http://www.wartsila.com/>



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