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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]]]]
===Cruise & Ferries===
===Cruise & Ferries===
The [[Cruise ship|cruise]] & [[Ferry|ferries]] division constructs vessels at shipyards in Finland and France. The division had a revenue of NOK 11,178 million in 2006. Two 62000 gross ton ferries are to be built in Germany for [[Stena Line]], to be delivered in 2010.
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.


===Offshore & Specialised Vessels===
===Offshore & Specialized Vessels===
The offshore and specialised vessel division produces its ships in Norway, Finland, and Brazil while hulls are often constructed in Romania. In 2008 a brand new shipyard in Vietnam 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 division had a revenue of NOK 7,749 million in 2006.
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.


===Other Operations===
===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.
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===
===Strategic areas===

Revision as of 13:57, 25 March 2009

STX Europe
Company typePrivate
IndustryShipbuilding
Founded2004
HeadquartersOslo, Norway
Key people
Kyung-Jin Hong (Chairman of the board, Torstein Dale Sjøtveit (President & CEO)
RevenueNOK 33,298 million (2007)[1]
Decrease (NOK 198 million) (2007)[1]
Increase NOK 92 million (2007)[1]
Number of employees
20,950 (2007)[1]
Websitewww.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

Aker Yards, Germany in Wismar

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

References

  1. ^ a b c d "Annual Report 2007" (PDF). Aker Yards. Retrieved 2008-05-08.
  2. ^ STX Europe (2008-11-05). "Aker Yards Changes Name to STX Europe". Retrieved 2008-11-05.