Wartsila Oyj Abp (Public, HEL:WRTBV) is a Finland-based global engineering company. It is operational through three principal divisions: Ship Power, which focuses on ship power solutions, including engines, generating sets, reduction gears, propulsion equipment, automation and power distribution systems, as well as sealing solutions for the marine industry; Power Plants, which offers power plants for the decentralized power generation market, including solutions for baseload power generation, grid stability and peaking, industrial self-generation, as well as for the oil and gas industry; and Services, which offers solutions that support the customers throughout the lifecycle of their installations, for ship machinery and power plants. The Company operates through a number of subsidiaries located in Europe, the Americas, Asia and Africa.
The core business of Wärtsilä is marine diesel engines, but its engines are also widely used in diesel-powered power plants. It employed 18,541 workers at the end of 2009.
Paua and crayfish black market busted New Zealand
Fisheries officers shut down black market fishing operations, mainly focused on trading paua and crayfish, and seized assets around the Hawkes Bay and Gisborne in an effort to crack down on illegal seafood trade.
Sanford gets rid of its tuna fleet New Zealand
Fishing company Sanford has sold one of its Pacific tuna vessels and intends to sell its other purse seiner and quit its Pacific tuna business due to certain challenges in the sector.
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