Stx Europe

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. 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

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 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

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 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.

Newest MSC Cruises Ships meet in Mallorca

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.

AGA to Supply LNG for Viking Line Ferry

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

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

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)