STX Aims for $15.2B in Sales

Thursday, January 19, 2006
STX Group, one of the nation's rapidly growing conglomerates, aims to achieve $15.2 billion in total annual sales by 2010, according to www.koreaherald.co.kr) The group announced it is on track to achieve its 2010 objectives of earning $5 billion each in its three main business areas - energy, shipbuilding/machinery and shipping/logistics. In 2004, STX earned $400 million from energy, $2 billion from shipbuilding and $2.5 million from shipping, realizing a total of $4.9 billion in sales. In 2005, the company posted better results by earning $700 million from energy, $2.9 billion from shipbuilding and $2.8 billion from shipping, thus achieving $6.4 billion in total sales. STX projects its consolidated sales to reach as much as $8.2 billion this year - specifically $900 million from energy, $3.7 billion from shipbuilding and $3.5 billion from overseas shipping. (Source: www.koreaherald.co.kr)
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

VT Halter Begins Building LNG-powered ConRo Ships for Crowley

VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has commenced construction on the first of two liquefied natural gas (LNG)-powered,

NYK Line Joins PNW West Coast Metro Pool

Effective October 20, 2014, NYK Line has become a member of the PNW West Coast Metro Pool (WCMP) operated by Trac Intermodal. The WCMP operates chassis at all major marine terminals,

ISS Manages Heavy-lift Project at Port of Mombasa

Inchcape Shipping Services (ISS) announced it has completed another complex heavy-lift project in Africa, this time at the Port of Mombasa in Kenya. ISS was

Offshore

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months Schottel  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

Statoil: New Oil in the Grane Area

Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.   Well 25/8-18 S, drilled by the rig Transocean Leader,

 
 
Maritime Security Naval Architecture Navigation Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.1102 sec (9 req/sec)