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2016-01-15

Wärtsilä Oyj Abp: Wärtsilä design chosen to enable environmentally sustainable krill fishing in Antarctic waters

Wärtsilä Corporation, Press release, 15 January 2016 at 10 am EET

The world's biggest and most modern krill fishing factory vessel is to be
designed by Wärtsilä. The vessel will operate in the pristine waters of the
Antarctic, a World Heritage site, and the Wärtsilä design provides an
appropriately sustainable environmental solution. The contract, which was
signed in December 2015, has been placed by Shanghai based Hansail
Marine&Offshore Design and will feature Wärtsilä's VS 6206 FT design. The
vessel is to be built for Jiangsu Sunline Deep Sea Fisheries Co, based in
China.

Wärtsilä's extensive experience in designing highly efficient fishing vessels
was an important factor in the award of this contract. The design
incorporates innovative fishing and fish processing technologies that allow
krill fishing to be carried out, not only with conventional net trawling, but
also using continuous pumping, a new development that improves the quality of
the fish. The 115 metre long vessel will have onboard processing factories
for the production of frozen krill, krill meat, and Omega 3 fish oil. The
ship will have accommodation for 99 people.

"Wärtsilä has a proud and successful track record in ship design and we have
an excellent list of references for fishing vessel designs. Our strong
presence in the Chinese market means that we have the capability to provide
quickly and efficiently, the needed support to everyone involved in this
important project. We have worked closely with the customer to develop this
design enabling sustainable and effective fishing in the Antarctic," says
Riku-Pekka Hägg, Vice President, Ship Design, Wärtsilä Marine Solutions.

In addition to the installed machinery and propulsion system, an important
element of a ship's performance is the hull design. To ensure high
efficiency, low fuel consumption, and therefore reduced environmental impact,
the hull's interaction with the propeller is of significant importance.
Wärtsilä has for many years invested in developing expertise in the
optimisation of hull lines, and is today using advanced computer aided tools
to maximize the performance of each individual ship designed. Wärtsilä's
extensive portfolio of products and solutions is also a factor in the high
efficiency of the vessel as it enables optimal integration of all the onboard
equipment.

"This new series of vessels represents a new generation of krill fishing
solutions and we are grateful to Wärtsilä for producing a design that fully
meets our needs. For fishing in the harsh and sensitive waters of the
Antarctic, the ship's design must be reliable, safe and environmentally
sound. We believe that Wärtsilä has succeeded in all these areas," says Mr
Wang Zhi, owner of Jiangsu Sunline Deep Sea Fisheries Co. Ltd.

The contract calls for a Basic Design, meaning that Wärtsilä will provide all
Class and Flag Authority related drawings and arrangements needed for the
necessary approvals and certifications. These will also provide the basis for
future more detailed engineering prior to the building of the ship.

Wärtsilä Ship Design

With more than 40 years of experience and in excess of 4000 vessels built to
its designs, Wärtsilä Ship Design has extensive know-how and expertise that
is backed by a truly global footprint. The company's impressive reference
list includes more than 250 fishing vessels already built, as well as some of
the most advanced LNG powered ships. The emphasis with all Wärtsilä ship
designs is to achieve innovative, cost effective, and environmentally
compliant solutions that are specifically tailored to the intended operating
profile of the vessel.

Link to related information on wartsila.com:
Wärtsilä Ship Design: Fishing vessels

Link to image

Caption: The new krill fishing factory vessel, the largest of its kind in the
world, to be built for Jiangsu Sunline Deep Sea Fisheries Co is designed by
Wärtsilä.

Media contacts:

Mr Ove Wilhelmsen
Managing Director, Wärtsilä Ship Design Norway
Tel: +47 911 61 345
ove.wilhelmsen@wartsila.com

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

Wärtsilä in brief:

Wärtsilä is a global leader in complete lifecycle power solutions for the
marine and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximizes the environmental and economic performance of
the vessels and power plants of its customers.
In 2014, Wärtsilä's net sales totalled EUR 4.8 billion with approximately
17,700 employees. The company has operations in more than 200 locations in
nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX
Helsinki, Finland.
www.wartsila.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wärtsilä Oyj Abp via Globenewswire

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