STX EUROPE
STX EUROPE News
Le Maire: STX-Fincantieri Shipyard Deal to Happen
The merger of Italian shipbuilder Fincantieri with STX France will go ahead as planned, Finance Minister Bruno Le Maire said on Friday, speaking after a period of tension between the Italian and French governments."The STX-Fincantieri deal will happen because we want it, because it is our ambition and because it is in our interest to create a shipyard giant, notably in Asia," Le Maire said, speaking at a Franco-Italian business summit in Versailles also attended by his Italian counterpart, Giova
Lloyd's Register Approves STX's LNG-fueled MR Tanker Design
Lloyd’s Register has granted an approval in principle to STX Offshore & Shipbuilding for a 50,000 dwt MR tanker design capable of using LNG as a fuel. This development…
STX Europe Sells Norwegian Shipyard
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. The order backlog of STX Norway Florø AS was NOK 59 million at the end of Q3 2012 and the order book consisted mainly of one offshore pipelay vessel, the "Deep Energy".
STX Europe Q3: OSV Keeps Good Margin
Cruise & Ferries remain challenging. STX Europe achieved operating revenues of NOK 4 480 million in third quarter 2012, a decrease of NOK 763 million compared to…
Shipbuilders STX Europe Report Good Earnings in Q2
STX Europe report increased operating revenues, but cruise & ferry sector showed lower than expected activity in Q2 2012. STX Europe achieved operating revenues…
STX Europe to Prepay Corporate Bond Due 2012
STX Europe AS ("STX Europe") has resolved to prepay its NOK 250 million senior unsecured bonds issue due 2012 according to its terms. The bonds are listed on the…
STX Europe Sells Shares in STX OSV Holdings Ltd.
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…
STX Europe 1Q 2011 - Improvements Continuing
- 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). • Order intake of NOK 1 708 million in Q1 2010 (Q1 2010: NOK 2 808 million). • 7 vessels successfully delivered in first quarter 2011. - Singapore listed STX OSV Holdings Limited ("STX OSV"), had continued strong performance in Q1 2011 with an EBITDA result of NOK 439 million.
STX Europe orders ShaftDesigner
STX Europe has purchased Machine Support’s ShaftDesigner software for the STX Finland yards in Turku and Rauma. This order is the result of an extensive technical and commercial investigation. The yard bought alignment and vibration calculations analyses from other contracting parties, but decided that they want to do these calculations internally. In ShaftDesigner the investigators found a modern…
Significant Improvements in STX Europe 3Q Results
STX Europe reported an EBITDA of NOK 367 million for third quarter 2010 which is an increase from NOK 96 million in the third quarter 2009. The year-to-date EBITDA…
STX Europe to Build LNG Powered PSV for Solstad
STX Europe has been awarded a contract with Solstad Rederi AS to build an innovative LNG-powered Platform Supply Vessel (PSV). The vessel is of STX Europe PSV 12 LNG design. The vessel is scheduled for delivery in Q4 2011. The value of the contract is approximately $67.5m. Roy Reite, President of STX Europe's Offshore & Specialized Vessels business area, said: "Today's order confirms our strong position in design and building of environmentally friendly vessels.
STX Europe to Build PSVs for Rem Offshore
STX Europe has entered into new contracts with Rem Offshore for the building of two Platform Supply Vessels. The vessels are of STX Europe PSV 06 design. The vessels are scheduled for delivery in Q4 2011 and Q1 2012. The total contract value is approximately $113.9m. The new vessels are arranged for regular platform supply duties. The vessels are in particular designed for environmental friendly operations with focus on low fuel consumption, and in accordance with Clean Design requirements.
STX Europe to Build Special Purpose Vessels
STX Europe has, through its wholly owned subsidiary STX Norway Offshore AS, signed contracts for building of three special purpose vessels for a new foreign client.
STX Europe Company Update
STX France has recently experienced cost overruns mainly related to one of its cruise vessels under construction at its St Nazaire shipyard. The cost overrun could…
STX Europe New Shipyard in Brazil
STX Europe will expand its shipbuilding capacity for Offshore & Specialized vessels by setting up a new shipyard. The yard will be located in Fortaleza, in the Ceará state of Brazil. STX Europe has since the acquisition of the Niteroi shipyard in 2001 successfully delivered more than twenty vessels in the range from platform supply vessels to anchor handling tug supply vessels, ROV and pipelaying construction vessels.
STX Europe to Build Simon Møkster PSV
STX Europe has entered into a new contract with Simon Møkster Rederi for the building of a Platform Supply Vessel (PSV). The vessel is of STX Europe PSV 09 CD design, featured with the new environmental friendly hull lines optimized for eco-drive in all weather conditions. The vessel is scheduled for delivery in Q4 2011. Roy Reite, President of STX Europe's Offshore & Specialized Vessels business area, said "We look forward to continuing the good cooperation with Simon Møkster Rederi.
STX Europe Q4 2009 Results
In the fourth quarter 2009 STX Europe reported an EBITDA of NOK -44 million compared with NOK -728 million in the fourth quarter of 2008. The 2009 preliminary EBITDA…
STX Europe New Contracts, Island Offshore
STX Europe has entered into new contracts with Island Offshore for the building of two Platform Supply Vessels. The vessels will be built at STX Europe in Brevik, and are based on the same design as Island Commander and Island Chieftain delivered from STX Europe earlier this year. The vessels are scheduled for delivery in Q4 2011 and Q1 2012. The total value of the contracts amounts to approximately $137.5m.
STX Europe Contracts with Siem Offshore
STX Europe has been awarded contracts with Siem Offshore for design and building of two Platform Supply Vessels. The vessels are designed by STX Europe in Ålesund and will be built at STX Europe in Brazil. The vessels are scheduled for delivery in Q2 2012 and Q2 2013. The total value of the contracts amounts to approximately $155.7m. The contracts are signed with Siem Consub SA in Brazil, a subsidiary of Siem Offshore.
STX Europe Contract for Eco-Friendly Design
STX Europe has been awarded a contract with Deep Sea Supply for design and building of a Platform Supply Vessel. The new PSV 09 CD design, optimized for eco-drive in all weather conditions, is designed by STX Europe in Ålesund, Norway. The vessel is scheduled for delivery in Q1 2012, and will be built at STX Europe in Brazil. The contract is signed with Deep Sea Supply Navegação Maritima Ltda. in Brazil, a subsidiary of Deep Sea Supply in Arendal, Norway.
- 1
- 2
