Aker Yards Now STX Europe

Tuesday, November 04, 2008

Aker Yards, builder of cruise and offshore vessels, changed its name to STX Europe. The name change reflects the entry of the South Korean-based STX Business Group as principal shareholder in the company during summer 2008. Effective Nov. 3, the international shipbuilding group Aker Yards, with head office in Oslo, Norway, and all its subsidiaries, will share the common brand STX Europe.STX Europe specializes in designing and building advanced cruise ships and purpose-built vessels for offshore oil and gas operations, and other specialized ships. All the largest cruise ships in the world were built or are currently under construction at STX Europe's yards. In 2008, STX Europe will deliver 9 state-of-the-art cruise ships, 28 cutting-edge offshore and other specialized vessels, and 2 chemical tankers.

Aker Yards ASA became part of the South Korean based STX Business Group in August 2008, when STX became the principal shareholder, with an ownership share of 92.46 percent. STX Business Group is an international industrial group with broad shipbuilding and shipping activities, total revenues of $11.4b last year and 39 000 employees at year end 2007.

The company is listed at the Oslo stock exchange under the ticker STXEUR (former AKY). STX Europe ASA (former Aker Yards ASA) is an international shipbuilding group focusing on cruise and offshore vessels.

(www.stxeurope.com)

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

MES-UBI Begins Operations in Vietnam

Mitsui Engineering & Shipbuilding Co., Ltd (MES) and UBI Tower Sole Member Limited (UBI Tower) established the joint venture company named MES-UBI Heavy Industries

Survitec Escape Slide Chosen for Norwegian Ferry

The all-electric Zero Cat ferry, currently under construction at the Fjellstrand yard in Norway, will enter service next year with Norled as the first Norwegian

First N.American Boat Powered by Volvo Penta IPS

Thomas Paine, the new 50-ft. aluminum patrol boat that joined the Massachusetts Environmental Police fleet in July, is the first commercial vessel in North America

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pipelines Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
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: 0.1138 sec (9 req/sec)