Wärtsilä brings its marine technology expertise to industry coalition for sustainable future

Wärtsilä Corporation,
  • Trade press release
6 July 2020 at 4:00 PM E. Europe Standard Time

The technology group Wärtsilä is one of eleven founding members of an international coalition dedicated to accelerating the energy transition in the transport and logistics industries.

The aim of the coalition is to drive the development of energy sources and technologies in order to curb global warming, reduce air pollution, and protect biodiversity. The members will pool their R&D efforts in pursuit of three key goals, namely:

  • To unlock a more extensive portfolio of clean energy sources
  • To lower energy consumption per kilometre-equivalent for transported goods
  • To eliminate a substantial proportion of harmful emissions being released into the atmosphere

The target is to achieve genuine technological breakthroughs with tangible results by 2030.

“The shipping industry’s transition to cleaner, more sustainable energy use is a movement in which we at Wärtsilä continue to play a leading role. Through the development of smart technologies, research into alternative future fuels, and our holistic approach to raising efficiencies in all aspects of shipping and port operations to create a Smart Marine Ecosystem, we have shown our commitment to promoting decarbonisation. We are, therefore, proud to be part of this coalition which perfectly aligns with our purpose to enable sustainable societies with smart technology,” commented Jaakko Eskola, President & CEO of Wärtsilä.

“Among the projects to be tackled will be the development of hydrogen and bio fuels, and expanding the use of biogas, synthetic gas fuels and hybrid solutions, areas where we are already active. Collaboration with qualified partners and customers is central to our Smart Marine approach to creating a more sustainable and efficient shipping industry. Membership of this coalition emphasises our commitment to working in close cooperation with other industry leaders to achieve real progress towards a cleaner and better future,” added Roger Holm, President of Wärtsilä Marine Power.The coalition was launched in late 2019 during the Assises de l’Economie de la Mer conference, and has received the backing of France’s President, Emmanuel Macron. The initial findings of the coalition’s work will be presented in January 2021 at the IUCN World Conservation Congress.

The other coalition members are Amazon Web Services, Carrefour, CMA CGM Group, Cluster Maritime Franҫais, Crédit Agricole Corporate Investment Banking, Engie, Faurecia, Michelin, Schneider Electric, and Total.

Media contacts:

Ms Marit Holmlund-Sund
General Manager, Positioning, Marine Business Marketing
Wärtsilä Corporation
Tel: +358 10 709 1439
marit.holmlund-sund@wartsila.com

Image caption: The coalition's objective is to unite in order to accelerate the energy transation in transport and logistics.

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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 2019, Wärtsilä’s net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com

© 2020 Wärtsilä