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 August 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Del Mar Signs Agency Agreement with Ciramar

Del Mar Marine Corp. announced it has signed an agency agreement with Ciramar Shipyards allowing the company to promote Ciramar Shipyard´s docking and facilities

Bouchard Orders Two Newbuild ATB Tugs

Morton S. Bouchard III, President and CEO of Bouchard Transportation Co., Inc., today announced the next step in Bouchard Transportation Co., Inc.’s ongoing fleet

Great Lakes Shipyard Wins EPA Drydock Contract

Great Lakes Shipyard has been awarded a contract for the United States Environmental Protection Agency (EPA) vessel R/V Lake Explorer II. The scope of work will include drydocking,

Offshore

Japan Loans Petrobras $500m to Build Ship Platforms

Brazil's state-controlled oil company Petrobras signed on Friday a $500 million loan from Japan to build eight ship platforms for the oil industry, as part of the

ESS Lands Second Contract with Dolphin Drilling

ESS Support Services Worldwide, part of Compass Group, has won a new, three-year contract, worth £10.5 million, to provide hotel and catering services to Dolphin Drilling Ltd.

MNZ Opens New Office in Port Taranaki

Maritime New Zealand (MNZ) informs that for the first time in 5 years it has a permanent presence in New Plymouth on the opening of a new office at Port Taranaki

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics 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: 0.0986 sec (10 req/sec)