Wärtsilä scrubber systems to clean the exhaust f

Wärtsilä Corporation, Press release, 26 July 2017 at 10:00 am EEST The technology group Wärtsilä has been contracted to supply the exhaust gas cleaning systems for two new 56,000 DWT Handymax bulk carriers. The ships are being built at Oshima Shipbuilding Co., Ltd. in Japan for Tokyo based NYK Bulk & Projects Carriers Ltd. (NYK BP), a wholly owned subsidiary of Nippon Yusen Kabushiki Kaisha, one of Japan's largest shipping companies. Wärtsilä will also provide project management and commissioning of the systems. The order with Wärtsilä was booked in June. These are the first vessels owned or chartered by NYK Group having exhaust gas cleaning systems installed. This is also Wärtsilä's first supply order of this equipment from any Japanese company. By fitting the Wärtsilä system, the ships will be compliant with the International Maritime Organisation's (IMO) SOx regulations, which come into force in 2020.

"We are pleased and proud to be the supplier of choice for these two new ships, especially as it gives us an inroad into the Japanese market for exhaust gas cleaning solutions. The value proposition that Wärtsilä presented was clearly the deciding factor in the award of this contract," says Sigurd Jenssen, Director, Exhaust Gas Cleaning, Wärtsilä Marine Solutions.

"Together with Oshima Shipbuilding, we compared performance, price and fuel costs of similar products developed by other companies before choosing Wärtsilä's scrubber system," said a representative from NYK BP.

The Wärtsilä equipment is scheduled for delivery to the yard commencing in July 2018. The first vessel is due to be delivered to NYK in the 4 ^th quarter of 2018, and the second in the 1 ^st quarter 2019.

Image Caption: The NYK BP Handymax Bulk Carriers which will be equipped with Wärtsilä scrubbers to be built at Oshima Shipyard - image courtesy of NYK BP Media contacts: Sigurd Jenssen Director, Exhaust Gas Cleaning Wärtsilä Marine Solutions Tel: +47 69279889 sigurd.jenssen@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 advanced technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2016, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki. www.wartsila.com