Wärtsilä losing orders in slow shipping market
Orders to Finnish engine producer Wärtsilä declined by 17 percent in the third quarter, show the quarterly results Thursday morning. Over the period, the supplier received orders amounting to USD 1.2 million, compared with USD 1.4 billion in the same period last year. The marine market is a major reason behind the lower figures, says CEO Björn Rosengren of the results.
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Wärtsilä wins major order for ballast water systems
For subscribers
China's slowdown could be worse
For subscribers
This is MAN Diesel & Turbo's Norwegian headache
For subscribers