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Stx Europe

STX Europe to Build LNG Powered PSV for Solstad

Photo courtesy STX Europe

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. We have a strong focus on environmental concerns throughout a vessel's value chain - from design and construction through the ship's operating life. LNG is a technology in which we already have a strong track record, and we look forward to developing the new vessel together with Solstad."   The vessel is designed with focus on low fuel consumption, and precautions in accordance with DNV's Clean Design requirements are incorporated in the design. It will be able to run on Liquefied Natural Gas (LNG), Biofuel and ordinary marine diesel oil. STX Europe's gas tank solution is unique, the LNG tank does not reduce the cargo capacity on board; rather the new design has a higher cargo capacity than other vessels of the same size. The vessel is further arranged for rescue operations, recovery of personnel and oil recovery operations. It has been designed by STX Europe's design office in Ålesund, Norway


STX Europe Contract for Eco-Friendly Design

Photo courtesy STX Europe

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.  


NCL Halves Cruise Ship Order

According to a Reuters report, Star Cruises unit Norwegian Cruise Line (NCL) has cancelled its order for a second F3 cruise ship from shipbuilding group STX Europe, but will move ahead with the first order, STX said on Dec. 18. This 150,000 ton F3 cruise ship, which will be built by STX Europe's French shipyard, will carry a total of 4,200 passenger. Delivery is expected in late May 2010, as originally scheduled. (Source:


STX in Deal for Naval Test Ship

STX Offshore & Shipbuilding received an order for a next generation naval test ship from Agency for Defense Development (ADD). The ship will support marine weapon system tests and conducts environmental surveys on the test sea area. The vessel, worth around $359m, weighs 1,200 tons and is able to accommodate about 30 people. The ship, with 4,000 nautical miles, is scheduled to be delivered to ADD in May 2012.


Cruise Ship Building at SMM 2010: September 2010

Cruise ship building will again be a prominent at SMM 2010, the 24th international shipbuilding fair at Hamburg Fair site from 7 to 10 September 2010. The big exhibitors will include the stands of Fincantieri, Meyer Werft and STX Europe. These shipbuilding companies in the cruise vessel segment are coming to the SMM 2010 with well filled order books. SMM 2010, 24th shipbuilding, machinery & marine technology international trade fair hamburg, showcases some 2,000 exhibitors from 60 nations


STX Europe Q3: OSV Keeps Good Margin

Cruise & Ferries remain challenging. Highlights: STX Europe achieved operating revenues of NOK 4 480 million in third quarter 2012, a decrease of NOK 763 million compared to corresponding period 2011 (Q3 2011: NOK 5 243 million). Profit before tax for third quarter 2012 of NOK 250 million (Q3 2011: NOK 535 million).   Third quarter shows that healthy EBITDA results continue from STX OSV, while the result of Cruise & Ferries business area is not satisfactory due to lower than


Newest MSC Cruises Ships meet in Mallorca

MSC-Splendida.jpg

MSC Splendida and MSC Fantasia, the newest ships in MSC Cruises’ fleet, met July 9 in Mallorca, Spain, as MSC Splendida sailed to her christening in Barcelona on July 12. This was the first meeting between the two 137,936-gross registered ton sister ships, the largest ever commissioned by a European owner, since late last year when MSC Fantasia sailed from the STX Europe shipyard in Saint Nazaire, France, where both were built.


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 was NOK 133 million compared with NOK -400 million in 2008. Offshore & Specialized Vessels continue to perform well with an EBITDA result of NOK 250 million in the fourth quarter and a preliminary 2009 EBITDA of NOK 643 million (NOK -29 million in 2008)


TUI Cruises Orders Cruise Ship

STX Finland Oy and TUI Cruises signed a contract for the design and construction of a 97,000 GT cruise vessel. The vessel is scheduled to be delivered in spring 2014. The vessel has many environmentally friendly features, with a particular emphasis on the vessel’s energy efficiency. TUI Cruises has an option to order another ship subject to the decision of TUI Cruises shareholders.  The vessel will be approx. 295 meters long and approx. 36 meters wide


AGA to Supply LNG for Viking Line Ferry

Cruise Ferry Viking Grace: Image Credit Viking Line

Viking Line Abp has signed an agreement with AGA Gas AB on supplying liquefied natural gas (LNG) for Viking Line’s new passenger ferry. Viking Line’s newbuilding “NB 1376”, recently named the M/S Viking Grace, will provide service on the Stockholm (Sweden) – Åland Islands (Finland) – Turku (Finland) route beginning in January 2013. The vessel, currently under construction at the STX Europe shipyard in Turku


China Firm Obtains MHI Deck Crane License

Principals at license signing ceremony: Photo credit MHI

Mitsubishi Heavy Industries, Ltd. (MHI) signs an agreement allowing STX Construction (Dalian) to produce & market marine deck cranes. Through licensing to this company member of the STX group, which has shipyards in Korea, China and Europe


New Fatigue Model Leads to More Durable Ships

The model allows for the development of lighter structures, and as a consequence, more energy-efficient ships.

Heikki Remes, a researcher at the Aalto University in Finland, has developed a model making it possible to determine how fatigue sets in with various welded steel materials. The model allows for the development of lighter structures, and as a consequence, more energy-efficient ships.  


New Fatigue Model Leads to More Durable Ships

The model allows for the development of lighter structures, and as a consequence, more energy-efficient ships.

Heikki Remes, a researcher at the Aalto University in Finland, has developed a model making it possible to determine how fatigue sets in with various welded steel materials. The model allows for the development of lighter structures, and as a consequence, more energy-efficient ships.


Finland Finances Two TUI ships

Arrangements have been made to ensure that the Turku shipyards of STX Finland will be able to deliver two ships ordered by the German TUI cruise line, Finland’s Ministry of Employment and the Economy said on Friday. The two cruise liners are slated for a 2014-2015 completion date.


ABB Wins Marine Order in Finland

Zurich, Switzerland – ABB has won an order to provide complete power plant and propulsion systems for the first newly built ship for German cruise operator TUI Cruises. The ship is being built in Finland at the STX Europe yard in Turku.


Cruise Line Chooses ABB to Supply Power, Propulsion Systems

ABB to provide complete power plant & propulsion sytems for German cruise operator TUI Cruises' newbuilding in STX Finland shipyard ABB, the power and automation technology group, has won an order to provide complete power plant and propulsion systems for the first new build ship


Fincantieri Said to Bid for STX OSV Stake

Fincantieri SpA, the Italian state-controlled shipbuilder, is among final bidders for a stake in STX OSV Holdings Ltd., the world’s largest maker of offshore support vessels, said two people with knowledge of the matter. An investment fund also made an offer, one person said


Becker Marine Wins Another Rudder Order

TLKSR Rudder

Becker Marine Systems receives order for 93m2 TLKSR rudders - the largest ever built. 93m2 TLKSR Rudder ordered by STX O&S for 16,000 TEU container vessels Becker Marine Systems has been elected by STX Offshore & Shipbuilding to design and supply the largest ever built full spade


Farstad Takes Delivery of New PSV

Image credit Farstad Shipping

Platform Supply Vessel (PSV) 'Far Scotsman' delivered from STX OSV Langsten shipyard to Farstad Shipping Ltd. The vessel is of PSV 08 CD design, developed in close co-operation between STX Europe and Farstad Shipping. Far Scotsman will trade the spot market in the North Sea


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 of NOK 5 651 million in second quarter 2012, an increase of NOK 782 million compared to corresponding period 2011 (Q2 2011: NOK


Fincantieri to Take Controlling Interest in STX Offshore

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 Europe Sells Norwegian Shipyard

Florø Shipyard: Photo credit STX Europe

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.


Navis Engineering Delivers DP System for Viking Grace

Wheel House Wing Console

Finland-headquartered DP manufacturer Navis Engineering has delivered its dynamic positioning system for the innovative cruise ferry Viking Grace. The 214-m long Viking Grace, delivered to her owner Viking Lines by the Turku-located STX Europe shipyard on January 10, 2013


STX OSV Becomes VARD

Image credit VARD

Shipbuilders & designers STX OSV adopt new brand name following sale of STX Europe’s majority stake in the company to Fincantieri Oil & Gas. Chief Executive Officer and Executive Director of VARD, Roy Reite, said, “I am excited to announce that VARD will be our new name


GE Power Conversion Comes Up Trumps in 'MSC Preziosa' Trials

MSC Preziosa: Photo credit GE

'MSC Preziosa' successfully completes sea trials with its GE Power Conversion electrical power & propulsion system. Built from the STX yard in Saint-Nazaire, France, MSC Preziosa is the latest ship in MSC’s Fantasia-class and the 12th in the MSC fleet


 
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