Fri 25 Jan 2013, 07:47 GMT

Wärtsilä appoints CFO and Executive Vice President


Marco Wirén to join Wärtsilä from Swedish steel manufacturer SSAB.



Wärtsilä Corporation has announced that Marco Wirén [pictured] has been appointed Chief Financial Officer, Executive Vice President and member of the Board of Management of Wärtsilä Corporation. He will officially commence his new role on August 1, 2013.

Wirén, aged 47, has a broad range of experience in financial management and international business management. He currently works as Executive Vice President and CFO at Swedish steel manufacturer SSAB, having held that position since 2008.

Prior to joining SSAB as Vice President Business control in 2007, Wirén held several managerial positions, including CFO and VP Business Development at infranet company Eltel Networks from 2002, and VP Business Development and Group Controller at construction company NCC between 1995 and 2001.

Raimo Lind, who has been Wärtsilä's CFO since 2000 as well as Senior Executive Vice President and Deputy to the CEO since 2005, will reach his contractual retirement age and retire thereafter. He will continue in his position until the release of the second quarter interim report, Wärtsilä said.


Container ship near a port. Ammonia emerges as most feasible alternative fuel for deep-sea shipping in 2050 emissions study  

Research combining expert survey and technical analysis ranks ammonia ahead of hydrogen and methanol.

Cargo vessel at sea. EMSA study examines biodiesel blend spill response as shipping adopts alternative fuels  

Research addresses knowledge gaps on biodiesel-conventional fuel blends as marine pollutants and response measures.

BIMCO ETS BARECON clause 2026 graphic. BIMCO adopts ETS clause for bareboat charters, delays biofuel provision  

BIMCO’s Documentary Committee has approved an emissions trading compliance clause while requesting further work on a biofuel charter provision.

SALEFORM 2025 standard form graphic. BIMCO and Norwegian Shipbrokers’ Association launch SALEFORM 2025 ship sale contract  

Updated agreement addresses banking changes, compliance requirements and environmental regulations affecting vessel transactions.

Everllence H2 test engine. Everllence develops hydrogen test bench for marine engines  

German engine maker upgrades Augsburg facility under HydroPoLEn project backed by federal maritime research funding.

CMA CGM Osmium vessel. CMA CGM names 13,000-teu methanol-fuelled containership in South Korea  

CMA CGM Osmium to operate on Asia–Mexico service as part of the carrier’s decarbonisation strategy.

NorthStandard logo. NorthStandard publishes biofuel guide as marine insurance claims emerge  

White paper addresses quality issues and compliance requirements as biofuel testing volumes surge twelvefold.

Clean Maritime Fuels Platform (CMFP) logo. Maritime fuel platform calls for EU shipping ETS revenues to fund clean fuel deployment  

Clean Maritime Fuels Platform urges earmarking of national emissions trading revenues for renewable fuel infrastructure.

Seatransport 73m SLV Lloyd’s Register grants approval for hybrid nuclear power design for amphibious vessels  

Classification society approves Seatransport’s concept integrating micro modular reactors with diesel-electric systems.

Everllence ME-LGIE engine. Everllence and Vale partner on ethanol-powered marine engine development  

Brazilian mining company to develop dual-fuel ethanol engines based on ME-LGI platform.