STX Europe: Difference between revisions
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[[Image:MTW Wismar.jpg|thumb|right|250px|[[Aker Yards, Germany]] in [[Wismar]]]] |
[[Image:MTW Wismar.jpg|thumb|right|250px|[[Aker Yards, Germany]] in [[Wismar]]]] |
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===Cruise & Ferries=== |
===Cruise & Ferries=== |
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The [[Cruise ship| |
The [[Cruise ship|Cruise]] & [[Ferry|Ferries]] division constructs vessels mainly at shipyards in Finland and France. The business area had revenues of NOK 19,709 million in 2008. |
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===Offshore & |
===Offshore & Specialized Vessels=== |
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The offshore and |
The offshore and specialized vessel division produces its ships mainly in Norway, Vietnam, and Brazil while hulls are often constructed in Romania. The shipyard in Vietnam opened in 2008 and is constructed to serve the Asian market. Ships made by this division include [[field support vessel|field support]], [[subsea support vessel|subsea support]], [[Arctic vessel]]s, [[fishing vessel]]s, [[naval craft]], [[research vessel]]s and [[Coast Guard vessel|coast guard vessels]]. The business area had revenues of NOK 10,427 million in 2008. |
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===Other Operations=== |
===Other Operations=== |
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Other Operations includes the yard in Florø, Norway, which specializes in the production of advanced chemical tankers with stainless steal tanks and juice carriers. Also, Other Operations consists of units for design, development and sales of LNG and arctic technologies, and other solutions. |
Other Operations includes the yard in Florø, Norway, which specializes in the production of advanced chemical tankers with stainless steal tanks and juice carriers. Also, Other Operations consists of units for design, development and sales of LNG and arctic technologies, and other solutions. The business area had revenues of NOK 1,360 million in 2008. |
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===Strategic areas=== |
===Strategic areas=== |
Revision as of 13:57, 25 March 2009
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Company type | Private |
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Industry | Shipbuilding |
Founded | 2004 |
Headquarters | Oslo, Norway |
Key people | Kyung-Jin Hong (Chairman of the board, Torstein Dale Sjøtveit (President & CEO) |
Revenue | NOK 33,298 million (2007)[1] |
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Number of employees | 20,950 (2007)[1] |
Website | www.stxeurope.com |
STX Europe AS, formerly Aker Yards ASA, is a South Korean international shipbuilding company based in Norway and the largest shipbuilding group in Europe and the fourth largest in the world. It operates 15 shipyards in Norway, Finland, Romania, Brazil, France and Vietnam. In addition, STX Europe holds a 30 percent ownership share in Wadan Yards, which comprises two yards in Germany and one in Ukraine; these yards were formerly wholly owned by STX Europe. The company has three business areas: Cruise & Ferries, Offshore & Specialized Vessels and Other Operations. The group is part of the South Korean STX Shipbuilding, which in turn is owned by the South Korean chaebol, STX Corporation. The company was listed on Oslo Stock Exchange in June 2004. After STX became the company's sole shareholder it was decided to delist the company from the stock exchange in February 2009.
In 2006, STX Europe acquired a majority share of Alstom's shipbuilding activies, with shipyards in Saint-Nazaire (former Chantiers de l'Atlantique) and in Lorient. STX Europe was owned 40.1% by the Aker Group until March 2007 when Aker ASA sold its shares in the company. In October 2007, STX Business Group secured a 39,2% stake of STX Europe. Later, STX has increased their ownership share, and in January 2009 STX acquired the remaining shares in STX Europe. Reflecting the new ownership, the company changed to the current name on 3 November 2008.[2]
Operations
![](http://upload.wikimedia.org/wikipedia/commons/thumb/7/7e/MTW_Wismar.jpg/250px-MTW_Wismar.jpg)
Cruise & Ferries
The Cruise & Ferries division constructs vessels mainly at shipyards in Finland and France. The business area had revenues of NOK 19,709 million in 2008.
Offshore & Specialized Vessels
The offshore and specialized vessel division produces its ships mainly in Norway, Vietnam, and Brazil while hulls are often constructed in Romania. The shipyard in Vietnam opened in 2008 and is constructed to serve the Asian market. Ships made by this division include field support, subsea support, Arctic vessels, fishing vessels, naval craft, research vessels and coast guard vessels. The business area had revenues of NOK 10,427 million in 2008.
Other Operations
Other Operations includes the yard in Florø, Norway, which specializes in the production of advanced chemical tankers with stainless steal tanks and juice carriers. Also, Other Operations consists of units for design, development and sales of LNG and arctic technologies, and other solutions. The business area had revenues of NOK 1,360 million in 2008.
Strategic areas
Aker Arctic Technology, with 25 employees in Finland, focuses on Arctic vessels. Aker Yards Marine, Projects, Solutions and Aker Design offer ship design services while Aker Yards Cabins makes 6,000 ready-made cabins annually.
List of shipyards
Aker Yards, Norway (located at Aukra, Brevik, Langsten, Brattvaag, Florø and Søviknes)
Aker Yards, Germany (located at Wismar and Rostock-Warnemünde, former VEB Mathias-Thesen-Werft Wismar and VEB Warnowwerft Warnemünde)
STX Finland Cruise Oy (located at Helsinki, Rauma and Turku)
Aker Yards, Braila and Aker Yards, Tulcea
STX France Cruise SA (75% ownership)
Aker Yards, Brazil (51% ownership)
Okean Shipyard
Aker Yards, Vietnam
References
- ^ a b c d "Annual Report 2007" (PDF). Aker Yards. Retrieved 2008-05-08.
- ^ STX Europe (2008-11-05). "Aker Yards Changes Name to STX Europe". Retrieved 2008-11-05.