Thursday, March 20, 2014

MSC Cruises Signs Letter of Intent to Build Largest Ships to Date

MSC Cruises on Thursday announced that it has signed a letter of intent (LOI) with STX France for the construction of two new cruise ships with an option for two more.

March 20, 2014
Total Views: 11

Monday, September 16, 2013

STX Finland to Close Rauma Shipyard

STX Finland has announced that its Board has unanimously approved a restructuring of the company which will see current operations at the Rauma Shipyard ramped down and functions shifted to the Turku Shipyard.

September 16, 2013
Total Views: 17

Monday, September 9, 2013

STX Offshore & Shipbuilding Co. Chairman to Resign

South Korea's STX Offshore & Shipbuilding Co. said Monday that Kang Duk-Soo will be stepping down from his post as Chairman of the struggling shipbuilder

September 9, 2013
Total Views: 1

Friday, June 7, 2013

STX Pan Ocean Files For Protection

(Reuters) STX Pan Ocean – owner of 97 bulk vessels, 249 chartered-in ships and open contracts for 28 newbuilds – filed for court receivership on Friday, the latest unit in...

June 7, 2013
Total Views: 1

Monday, June 3, 2013
STX Group

STX Group Shares Tumble

(Reuters) STX Group, formerly Ssangyong Heavy Industries, shares tumbled on Monday morning after an official at Woori Bank said the company is considering a stake sale in STX Corp, the...

June 3, 2013
Total Views: 1

Sunday, May 5, 2013

France Spurns Call To Take Over STX’s Saint-Nazaire Shipyard

France's government dismissed a call to nationalise the Saint-Nazaire shipyard.

May 5, 2013
Total Views: 4

Friday, May 3, 2013

As Debt Problems Worsen, STX May Sell off Shipyards Worldwide

South Korea's STX Offshore & Shipbuilding Co is considering the sale of shipyards in France, Finland and China.

May 3, 2013
Total Views: 8

Monday, April 15, 2013

STX May Sell Dalian Shipyard

April 15 (Bloomberg) — STX Offshore & Shipbuilding Co., a South Korean company that is rescheduling debt with creditors, jumped the most in two years in Seoul trading on speculation...

April 15, 2013
Total Views: 7

Friday, April 12, 2013

STX Leads Losses in South Korea

Kyunghee Park (Bloomberg) — STX Offshore & Shipbuilding Co., a South Korean yard that is undergoing debt rescheduling, led a decline among shipyards and engine makers in Seoul trading on...

April 12, 2013
Total Views: 1

Tuesday, April 2, 2013

STX Offshore Seeks Corporate Restructuring Amid Serious Debt Issues

By Joyce Lee SEOUL, April 2 (Reuters) – South Korea’s STX Offshore & Shipbuilding Co Ltd is seeking a corporate restructuring agreement from its creditors as various asset sales by...

April 2, 2013
Total Views: 3

Wednesday, January 2, 2013

STX Europe Unloads Norwegian Yard

STX Europe said Wednesday that it has completed a deal to sell off its STX Norway Florø AS and STX Norway Design Florø AS units to Westcon Group AS as...

January 2, 2013
Total Views: 9

Friday, December 28, 2012

Oasis Order Provides a Welcomed Jolt to French Shipbuilding Industry

By Mimosa Spencer and Nadya Masidlover PARIS–A contract worth more than 1 billion euros (1.33 billion dollars) to build a 5,400-passenger cruise ship for Royal Caribbean Cruises Ltd. (RCL) won...

December 28, 2012
Total Views: 1

Thursday, December 27, 2012
Oasis of the Seas

Royal Caribbean Orders Third Oasis-Class Ship from France

Royal Caribbean has pulled the trigger on a third (and possibly fourth) Oasis-class cruise ship from STX Europe. Royal Caribbean placed the order for the new ship at STX France’s...

December 27, 2012
Total Views: 30

Wednesday, December 12, 2012
stx pan ocean

STX Group May Sell Controlling Stake in Fleet of 400 Dry-Bulk Ships

STX Group is in talks about selling its controlling stake in STX Pan Ocean Co., South Korea’s largest dry-bulk ship operator, as it tries to raise 2.5 trillion won ($2.3 billion)...

December 12, 2012
Total Views: 6

Monday, December 10, 2012

STX Group Near Deal to Sell STX OSV to Fincantieri – REPORT

A local media report in South Korea has sparked rumors that STX Group is very close to signing a deal to sell its majority stake in STX OSV Holdings to...

December 10, 2012
Total Views: 2

Thursday, November 15, 2012

STX OSV Shows STX Europe’s Only Signs of Life

STX Europe, Europe’s largest shipbuilding group specializing in cruise ships, ferries, and specialized vessels, announced Thursday the group’s third quarter results, reporting that its STX OSV division has kept a...

November 15, 2012
Total Views: 0

Wednesday, November 7, 2012
Engineering News

EMAS AMC Wins $200 Million in Offshore Engineering Contracts from STX and DSME

Singapore-based Ezra Holdings Ltd announced today that its subsea division, EMAS AMC, secured two contracts with major South Korean clients worth a combined total of approximately US$200 million. EMAS AMC...

November 7, 2012
Total Views: 5

Monday, November 5, 2012

TUI Cruises Confirms Order for Second 2,500 Passenger Newbuild

Germany’s TUI Cruises confirmed Monday that the company has ordered a second 2,500 passenger cruise ship from STX Finland. The 99,300 GRT cruise ship will measure approximately 294 meters long...

November 5, 2012
Total Views: 5

Tuesday, August 14, 2012
stx pan ocean vanguard bulk carrier

STX Pan Ocean is Dragging Down the South Korean Conglomerate

SEOUL–STX Pan Ocean Co. (028670.SE), South Korea’s largest bulk carrier by sales, said Tuesday it swung to a net loss in the second quarter as oversupply of bulk ships drove...

August 14, 2012
Total Views: 6

Sunday, August 5, 2012
Jolly Indaco Ignazio Messina

Fleet Expansion at Ignazio Messina Continues with $300 Million Newbuild Order

Since 1968, Italian Shipping Company Ignazio Messina & C has specialized in offering ro-ro container services to the Red Sea and East Africa.  With a modern fleet of 14 ro-ro...

August 5, 2012
Total Views: 18