Wärtsilä to supply propulsion package for six...

Wärtsilä Corporation, Trade and Technical Press release, 31 October 2011 The environmental sustainability and reduced operating costs of Wärtsilä's integrated propulsion solution were major factors in the winning of these orders. Wärtsilä, the marine industry's leading solutions provider, has been awarded the contract to supply the engines and propulsion equipment for six new Ro-Ro container vessels being built for NSCSA, the National Shipping Company of Saudi Arabia. The ships are being built at the MIPO shipyard in South Korea, and when launched will be operated by Mideast Ship Management Ltd, a subsidiary company of NSCSA. The scope of the integrated solution package for each of the six ships includesWärtsilä RT-Flex 58TD engines, controllable pitch (CP) propellers, and the Wärtsilä Energopac system. The orders for these various items have been booked on an incremental basis, the last one being the Energopac order, which was signed in September. Delivery of the equipment for the first vessel is scheduled for May 2012, and the vessels are slated for delivery from the shipyard in 2013 and 2014. The package combines the latest common rail fuel injection and valve actuation engine technology, featuring integrated electronic control. Wärtsilä's flexible engine settings enable lower minimum running speeds, which together with the aforementioned features, offer reduced fuel consumption, lower emissions and longer intervals between overhauls. Fuel consumption will be further reduced by integrating the propeller and rudder design into a single unit with the installation of Wärtsilä's Energopac system. The Energopac system is designed specifically for each individual vessel, and can be optimized to achieve the maximum possible fuel savings without compromising manoeuvrability or comfort levels. "We are delighted to have been awarded this important contract for these new Ro- Ro container vessels. It is an important segment for Wärtsilä, and NSCSA is one of the biggest shipping conglomerates in the world. The environmental sustainability and reduced operating costs of the integrated Wärtsilä propulsion solution were major factors in Wärtsilä winning this order," says Ibrahim Behairy, Director, Merchant Sales, Wärtsilä Ship Power. The RT-Flex engines provide smokeless operation at all speeds, and the propulsion package will enable these vessels to comply with the requirements of the IMOs Tier II regulations. The Wärtsilä RT-Flex engines offer optimum power output and shaft speeds with an extremely high degree of reliability. They can be operated for as long as three years between overhauls, and provide economical fuel consumption across the entire operating range. The engines are capable of extremely low and stable running speeds, which makes them highly applicable for container vessels that are often operated at 'slow steaming' speeds to save fuel. For further information, please contact: Mr Ibrahim Behairy Sales Director, Merchant Wärtsilä Ship Power Tel. +41 52 2622 355 ibrahim.behairy@wartsila.com Ms Mirja-Maija Santala Media Manager Wärtsilä Corporation Tel. +358 (0)400 793 827 mirja-maija.santala@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 2010, Wärtsilä's net sales totalled EUR 4.6 billion with more than 17,500 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 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Wärtsilä Oyj Abp via Thomson Reuters ONE [HUG#1559414]
UK 100

Latest directors dealings