STX Aims for $48b in Sales by 2012

Monday, June 23, 2008

STX Group has revised its sales target upwards to $48b and operating profits to $4.8b in 2012 through diversification of its business portfolios at the group’s key enterprises.
In order to achieve the revised target, the group is planning to split its business units into four sectors ― shipbuilding and machinery, shipping and trade, plant and construction, and energy .
STX Shipbuilding, the group’s flagship, has set a sales target by 2010 by strengthening its shipping portfolio capitalizing on the Chinese, European and South Korean markets.

Source: Times

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Kvichak, Vigor Announce Merger

Merger positions combined company to play a dominant role in recapitalization of North Pacific fishing fleet and emerging Arctic oil gas operations. Kvichak

Shipping Contributes $164bln to EU

The European Community Shipowners' Associations has released the results of a recent update of an Oxford Economics study on the economic value of the EU shipping

UAE Shipping Delegation to Meet with Greek Counterparts

A delegation of Middle East maritime heavyweights including H.E. Khamis Juma Buamim, chairman & group CEO Drydocks World and Maritime World and Rashid Mohammed Al Habsi,

 
 
Maritime Security Naval Architecture Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3854 sec (3 req/sec)