Ageing fleets and dual-fuel retrofits provide boost for Wärtsilä
- Older vessel fleets are driving growth at Wärtsilä’s service division due to higher spare parts demand and efficiency upgrades
- Interest in retrofitting existing ships for alternative fuels, including methanol conversions, is also providing growth
- Strong demand for cruiseships, ro-ro cargoships and ro-pax newbuildings to boost Wärtsilä’s orderbook for new four-stroke engines
Wärtsilä posts a 10% year-on-year rise in operating profit to $227m in Q325, reflecting robust service growth
