The Container Owners Association – the international organization representing container shipping lines and container leasing companies worldwide – has appointed Mr O I Kwon, Senior Vice President – Container Business Management Division, STX Panocean Co Ltd…
STX OSV Holdings Limited say Tidewater Inc. has acquired contracts for 3 Platform Supply Vessels (PSVs) under construction at STX OSV in Norway. STX OSV had originally secured the contracts for the design and construction of three vessels for STX Pan Ocean Co…
STX Europe AS sells STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS.STX Europe completes the sale of all of the shares in its wholly owned subsidiaries STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS…
Korea-based conglomorate STX saw tough times the past year due to severe cash shortage, but is seeking a turnaround in 2013 after offloading some assests. Market analysts have mixed views for STX. Some say that its bold move will help the conglomerate get back on track…
Fincantieri signs agreement for the acquisition from STX Europe of 50.75% of STX OSV, leading offshore vessel constructors.With 21 shipyards in 3 different continents, nearly 20,000 employees and revenues of Euro 4 billion, the Fincantieri Group is doubling its size…
STX Finland is now lobbying the Finnish government on behalf of Royal Caribbean in a bid to get contract for third 'Oasis-class' cruise ship.A loan would help facilitate a deal to avoid Royal Caribbean building its third Oasis-class cruise ship in Germany or France…
The companies agree to jointly make wind turbine and foundation offers on major European projects.AREVA will bring its expertise in design and production of wind turbines and STX France its know-how in specialized offshore foundations, with…
STX Finland Oys Rauma Shipyard sees the naming & delivery of the new ferry to Suomen Lauttaliikenne Oy (Finferries). The godmother of the next generation road ferry, Professor Elina Pirjatanniemi, named the ship Stella in the presence of invited guests…
At the STX shipyard in Saint-Nazaire, France, two commemorative coins are welded to 'MSC Preziosa’s' mast radar, to mark a construction milestone.Earlier this year, following the termination of the agreement with the original owner, MSC Cruises signed a contract to take over the 140…
Siem Offshore declares contract options for STX OSV Holdings to design & construct two Offshore Subsea Construction Vessels (OSCV).The vessels will be equipped with a 250t AHC crane and with Launch and Recovery Systems (“LARS”) for Remotely Operated Underwater Vehicles (“ROV”)…
STX OSV Holdings Limited wins contract for design and construction of a cable laying vessel for an international client.The vessel will be of STX OSV’s own CLV 01 design with delivery scheduled from STX OSV in Norway in 3Q 2014. The…
STX Offshore wins US$ 132-million order for 3 patrol ships for the Korea Coast Guard.Under the deal with the Korea Coast Guard (KCG), STX Offshore will deliver the vessels by the end of 2015, the company told Korea Times. The vessels…
A Singapore stock exhange error was at first suspected as shares in STX Pan Ocean Co. plunged 64%.The Singapore Exchange said there was no trading error behind the recent 64 percent plunge by shares of STX Pan Ocean Co. (STX), South Korea’s biggest dry-bulk carrier…
Korea's leading shipbuilders post declining profits in second quarter 2012, as well as a growing inventory of unsold vessels.Shipbuilders here have put unsold ships up for resale at below-market prices but are struggling to get them off the hands…
STX Europe report increased operating revenues, but cruise & ferry sector showed lower than expected activity in Q2 2012.STX Europe achieved operating revenues of NOK 5 651 million in second quarter 2012, an increase of NOK 782 million compared…
