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.
Seafood exports reach historic record India
Seafood product exports during the financial year 2014-2015 reached an all-time high of USD 5,511 million, boosted by favourable international market conditions.
IATTC rejects fishing quota increase to three countries Ecuador
The requests submitted by three member countries of the Inter-American Tropical Tuna Commission to have their tuna catch quota increased, did not receive a positive response on the third day of the 89° convention of the international organization.
Fishermen go on strike due to Govt's regulation pressure Thailand
Thai fishermen have gone on strike in 22 out of 76 provinces to protest against the new short-term requirements being enforced by the Government, requiring all boats to have licenses, registered fishing equipment and navigation systems.
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