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Annual Report 2016

Research and development, product launches

Wärtsilä has placed a strong emphasis on both product and solution innovation during 2016, particularly in the areas of efficiency improvement, fuel flexibility, and the reduction of environmental impact. The R&D related expenditure totalled EUR 131 million, which represents 2.7% of net sales.

In January, Wärtsilä and Cavotec signed an agreement to jointly develop the world’s first combined induction charging and automatic mooring concept. Wärtsilä has developed a wireless charging system based on inductive power transfer. Cavotec in turn provides automated mooring systems for various types of vessels, as well as shore power and reel systems. By combining the expertise of the two companies, an integrated wireless charging/mooring concept will be developed for use in Wärtsilä’s ship designs.

In March, Wärtsilä launched a complete concept for a series of innovative and cost effective shuttle ferries, featuring zero or low exhaust emissions. The design characteristic focuses on high energy efficiency with low resistance, both above and below the water line. The ferries are designed to run entirely on batteries or in a battery-engine hybrid configuration where the fuel options are liquefied natural gas or biofuel.

The updated Wärtsilä Nacos Platinum series of navigation, automation and control systems was launched in September. Among the most interesting of the new features is Intelligent Route Planning, which takes into account weather and sea conditions to provide route and power optimisation and, therefore, notable fuel savings. Also in September, Eniram introduced a fleet performance monitoring service called SkyLight, which allows ship operators to monitor the performance of their vessels and fleet, and enables reporting, planning and cost optimisation.

During the third quarter, Wärtsilä launched QuantiServ, which offers reconditioning services, in-situ services, as well as onboard repair and overhaul services to customers operating multiple brand equipment in the marine and energy markets.

Within the Services business, Wärtsilä broadened its range of marine agreement concepts with the launch of Lifecycle solutions. This new concept is an innovative, comprehensive offering that optimises the efficiency and performance of customer assets in the marine and offshore industries. It includes the digital service portfolio Wärtsilä Genius services, which was launched towards the end of 2015. The Lifecycle solutions offering was broadened in November through the introduction of the Wärtsilä Guaranteed Asset Performance solution for power plant operators, in which Wärtsilä guarantees the reliability and availability of the power plant with fixed costs while the customer operates the power plant.

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