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Stx France Cruise Sa News

21 Apr 2009

STX Europe, New Order from French Navy

STX Europe has, through its subsidiary STX France Cruise SA, signed a contract to build a third Projection and Command Vessel (BPC) for the French Navy. STX France Cruise SA, in which STX Europe holds a majority stake, is jointly owned by STX Europe, Alstom and the French Republic. STX Europe will build the platform and outfit the ship at its yard in Saint-Nazaire, France, and DCNS, its co-contractor, will produce its combat system. STX Europe, in charge of the overall coordination of the project for the industrial part, will build the whole of the propelled platform including the fitting out of equipment onboard. Once trials are completed…

19 Dec 2008

NCL, STX Europe Agree on F3 Project

Norwegian Cruise Line (NCL) and STX France Cruise SA, STX Europe's French shipyard, have reached an agreement and are moving forward with the construction of the F3 cruise ship project. NCL and STX Europe have agreed to revise the original F3 order. STX France Cruise is now building one F3 ship at 150,000 tons with a total of 4,200 passenger berths, representing the largest ship in NCL's fleet. This will mean a continuation of the original hull which is currently in the early phases of construction, with delivery set for late May 2010, as originally scheduled.

07 Nov 2008

France Buys into STX Europe

The French Republic became a 33.34 percent shareholder in STX France and its shipyards in Saint-Nazaire and Lorient. STX Europe is a builder of cruise ships and ferries, with a market share of 35 - 40 percent. The company builds cruise ships at its yards in France and Finland. The French yards also have experience with navy vessels. Other shipyards in STX Europe are build specialized offshore vessels. The new agreement between STX Europe and the French Republic is a realization of the memorandum of understanding announced by the two parties on June 12, 2008. The French Republic will acquire the 33.34 percent interest in STX France via an equity investment of $139.7m which is expected to be made on November 7, 2008.