Marine Technology Company Wärtsilä Partners With Israeli Accelerator The Dock
The Dock has invested in seven companies to date, including smart shipping container company Loginno, Pick-a-Pier, which uses big data analysis to optimize the berthing process for marinas, and mobile tracking startup Haystack Magic
Meir Orbach | 15:07 03.09.2018
Finnish marine technology and shipping company Wärtsilä Corporation announced Monday it has entered a partnership with Israeli maritime startup accelerator the Dock Innovation Hub. The companies did not disclose the financial terms of the deal.
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Headquartered in Helsinki and operating in over 200 locations in more than 80 countries around the world, Wärtsilä reported 4.9 billion euros in net sales in 2017. The company employs approximately 18,000 people. In a statement, Wärtsilä said the partnership is part of its effort to transform the entire shipping industry into an efficient, ecologically sound, and digitally connected ecosystem.
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