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Wärtsilä looks to green R&D as pandemic hits sales

It expects demand to be ‘somewhat better’ than a year ago with the market still challenging and unpredictable. New energy efficiency rules should drive demand for retrofits

Wärtsilä has pointed to a string of decarbonisation research projects, saying shipowners are still divided over the right way forward. The group’s net sales fell 20% from a year ago with cruiseships and ferries idled, and investments in power plants held back

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