AC drives manufacturer Vacon will deliver 81 AC drives for 3 new fishing trawlers being built for Aker Seafoods.The new fishing vessels will be built at the STX shipyard in Braila, Romania. They will be further outfitted and commissioned at STX Brattvaag…
The keel-laying of the Double Ended Ferry to be built for Suomen Lauttaliikenne Oy (Finferries) was performed at STX Rauma Shipyard on Friday, 20 April 2012. The environmentally friendly next-generation ferry will be delivered to the customer at the end of 2012…
Seaspan Marine entered into a technology support agreement with STX Offshore and Shipbuilding Company Ltd. This partnership will optimize Vancouver Shipyard’s planned facilities upgrades for the Federal Government’s recently awarded $8 billion…
STX Finland announced a number of management changes, citing the challenging market situation. The primary target set for STX Finland is profitable operation. In 2011 this target was achieved, and now the focus is strongly on how similar development could also be secured over the years to come…
STX Marine announces expansion of staff in Ottawa office. John Hensler Mandy has joined STX Marine as the manager of our Electrical Engineering department He brings with him over 20 years of experience in the Naval/Marine power generation protection industry…
The keel-laying of the multipurpose deck cargo vessel, built for Oy Gaiamare Ab, was held at STX Turku Shipyard on Wednesday January 4, 2012. The NB 1379 is 105.4m long and 18.8m wide, and is scheduled to be delivered in spring 2012. Representatives of the customer Oy Gaiamare Ab…
STX Canada Marine would like to congratulate Seaspan Vancouver Shipyards on the award of the contract for the Canadian National Shipbuilding Procurement Strategy (NSPS) for non-combat vessels. As a First Tier partner, STX Canada Marine…
STX Finland Oy and Eide Marine Semi AS, a subsidiary of Eide Marine Services A/S, signed a contract for the outfitting, completion and delivery of two highly sophisticated well intervention vessels with an aggregate contract value exceeding EUR 300 million…
On 25 August 2011 STX Finland Oy's Rauma Shipyard started the production of an innovative fisheries reseach vessel ordered by the Ministry of Fisheries and Marine Resources of the Republic of Namibia. NB 1378 will be delivered during the summer of 2012…
STX Finland and STX Windpower are starting a joint collaboration on turnkey windpark supply in Northern Europe, focusing on offshore sites in the Northern Baltic Sea region and onshore sites in Finland, Sweden and the Baltic states. A Letter…
STX Europe Holding AS, a wholly owned subsidiary of STX Europe AS (STX Europe), has agreed to sell part of its equity interests in STX OSV Holdings Limited (STX OSV) to investment funds affiliated with OZ Management LP (Och-Ziff). The placement of 215…
Wärtsilä's leading engine technology offers flexibility which enables switching of fuels without any interruption in operation should the need arise. This will be the first installation ever where a European commercial shipping operation is going to permanently use liquid bio-fuel…
Highlights: - EBITDA of NOK 424 million in Q1 2011 compared with NOK 88 million in Q1 2010.- Profit before tax of NOK 334 million for Q1 2011 (Q1 2010: NOK -151 million).- Orderbook situation: • Order intake of NOK 1 708 million in Q1 2010 (Q1 2010: NOK 2 808 million)…
In response to the various media articles relating to the STX Group’s plan to sell a 20 percent stake in STX OSV Holdings Limited ('STX OSV'), the Board of STX OSV understands after clarification with STX Europe Holding AS (“STX Europe”), that…
Juha Heikinheimo has resigned from the position as President of STX Finland Oy. He will be replaced by Su-Jou Kim, who currently holds the position as Chairman of STX Finland. Su-Jou Kim will be temporary acting President of STX Finland.Despite…
