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Wärtsilä Oyj Abp: Wärtsilä wins ship design contract for environmentally sound Gulf of Bothnia ferry

Wärtsilä Corporation, Press release, 4 August 2014 at 14:45 pm EET

Wärtsilä has been selected as the partner for designing a new ferry as part of
the 'Midway Alignment of the Bothnian Corridor' project. The scope of the
design work will be both initial and basic design. The ferry is designed for
sailing between Vaasa in Finland and Umeå in Sweden across the Gulf of
Bothnia in the Baltic Sea. The contract was signed today, August 4th.

The new vessel is required to be innovative, efficient and environmentally
sound. Wärtsilä's solid track record in innovative solutions and technology
together with extensive experience in gas fuelled propulsion were important
factors in the award of this contract. The design will also take into account
the need for operational flexibility since the transport demands on this
route vary from season to season. The demand for cargo transports is quite
stable in the course of the year while passenger traffic peaks during the
summer therefore flexibility will be important in the concept. Therefore,
during peak periods the ferry will run to a tighter schedule than is required
at other times when the speed can be reduced in order to save fuel costs. Ice
conditions during winter months can be quite severe and therefore the design
work needs also to consider the operations during harsh winters.

"The project has been initiated to develop a multi-modal logistics corridor
across the Gulf of Bothnia. The planning and design of the new ferry is one
of the key activities in the project. Feasibility and environmental
sustainability are essential cornerstones, and Wärtsilä's experience and
expertise will contribute greatly to achieving a successful solution," says
Mathias Lindström, Director, Kvarken Council and Project Leader for the
Midway Alignment of the Bothnian Corridor project.

"This is an important project and we are proud to have been selected as the
design partner responsible for developing the ship design. Integrated
solutions for gas fuelled vessels represents a key focus area for Wärtsilä,
and is one where we clearly have a leading role in the global market. As a
first step, the initial design will be finalized whereby we can start making
more precise budgets and develop the project further," says Magnus Miemois,
Vice President, Ship Power Solutions at Wärtsilä.

The ship design phase is scheduled to be finalised by the end of the 2nd
quarter in 2015.

Link to image
Picture caption: Wärtsilä wins ship design contract for environmentally sound Gulf of Bothnia ferry

Media contacts:

Magnus Miemois
Vice President, Ship Power Solutions
Wärtsilä Corporation
Tel: + 358 10 709 1682

Ms Marit Holmlund-Sund
Senior Manager Marketing, Communications, Ship Power
Wärtsilä Corporation
Tel: +358 10 709 1439

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 maximises the environmental and economic performance of
the vessels and power plants of its customers.

In 2013, Wärtsilä's net sales totalled EUR 4.7 billion with approximately
18,700 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.




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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