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

Shipbuilding

India: Negative Outlook on Shipping Sector

India Ratings and Research (Ind-Ra) has maintained a negative-to-stable outlook for the shipping sector for the current financial year.   The agency expects

USCG’s New Cutter Pulls into Boston

The U.S. Coast Guard’s (USCG) latest 418-foot National Security Cutter James (WSML 754) entered Boston Harbor August 3 ahead of her commissioning scheduled for August 8.

GE Gas Turbines to Power US Navy’s New Destroyers

The U.S. Navy’s new DDG 121 and DDG 122 Arleigh Burke-class destroyers will be powered by eight LM2500 marine gas turbines supplied by GE Marine, who also received

 
 
Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | 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: 0.1495 sec (7 req/sec)