STX Europe

STX Europe
STX Europe
Type Private
Industry Shipbuilding
Founded 2004
Headquarters Oslo, Norway
Key people In-Sung Lee (Chairman of the board, Su-jou Kim (President & CEO)
Revenue NOK 31,496 million (2008)[1]
Operating income decrease (NOK 561million) (2008)[1]
Profit increase NOK 40 million (2008)[1]
Employees 15,500(2008)[1]
Website www.stxeurope.com

STX Europe AS, formerly Aker Yards ASA, a subsidiary of the South Korean industrial chaebol STX Corporation, is the largest shipbuilding group in Europe and the fourth largest in the world.[2] With headquarters in Oslo, Norway, STX Europe operates 15 shipyards in Brazil, Finland, France, Norway, Romania and Vietnam. The company has three business areas: Cruise & Ferries, Offshore & Specialized Vessels and Other Operations.

Contents

History

In 2006, STX Europe acquired a majority share of Alstom's shipbuilding activities, with shipyards in Saint-Nazaire (former Chantiers de l'Atlantique) and in Lorient.

Aker Yards (later renamed STX Europe) was created in 2004 by combining the shipbuilding activities of Aker and Kværner. Aker ASA was until 2007 the company's main shareholder. After having reduced its ownership share from 50.4% to 40.1% in January 2007, Aker divested its total shareholding in March 2007. 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 and became the company's sole shareholder. Reflecting the new ownership structure, the company changed to its current name on 3 November 2008.[3] In February 2009, it was decided to delist STX Europe from Oslo Stock Exchange where it was previously listed under the ticker STXEUR.

Operations

Photo from Wadan Yards in Wismar, Germany, previously partly owned by STX Europe

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 & Specialized Vessels business area mainly produces its ships in Norway, Vietnam, and Brazil while hulls are often constructed in Romania. The shipyard in Vietnam opened in 2008 and is constructed primarily to serve the Asian market. Ships made by this division include field support vessels such as platform supply vessels "PSV" and Anchor Handling Supply Vessels "AHTS", subsea support vessels, 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 steel tanks and juice carriers. Also, Other Operations consists of units for design, development and sales of LNG and arctic technologies, and other solutions as cabins. STX Finland Cabins has delivered more than 100 000 modular cabins[4] to passenger vessels, offshore industry, hotels and also other modules for trains.[5] The business area had revenues of NOK 1,360 million in 2008.

List of shipyards

Cruise + Ferry
Other Operations
  • Norway STX Norway Florø AS (located in Florø)
OSV (OffShore & Specialized Vessels)
  • Norway STX Norway Offshore AS (located at Ålesund, Aukra, Brevik, Langsten (Langsten Slip-Batbyggeri AS]]), Brattvåg, Florø and Søviknes)
  • Romania STX RO Offshore Braila SA and STX RO Offshore Tulcea SA
  • Brazil STX OSV Niteroi SA
  • Vietnam STX OSV Vietnam Ltd.

Production

Ships

STX Europe :

  • Adventure of the Seas,in 2001 for Royal Caribbean Cruise Line
  • Allure of the Seas,in 2010 for Royal Caribbean Cruise Line
  • Carnival Legend, in 2002 for Carnival Cruise Lines
  • Carnival Miracle, in 2004 for Carnival Cruise Lines
  • Carnival Pride, in 2001 for Carnival Cruise Lines
  • Carnival Spirit, in 2001 for Carnival Cruise Lines
  • Coral Princess, in 2001 for Princess Cruises
  • Costa Atlantica, in 2000 for Costa Cruises
  • Costa Mediterranea, in 2003 for Costa Cruises
  • Explorer of the Seas, in 2000 for Royal Caribbean Cruise Line
  • Freedom of the Seas, in 2006 for Royal Caribbean Cruise Line
  • Independence of the Seas, in 2008 for Royal Caribbean Cruise Line
  • Island Princess, in 2003 for Princess Cruises
  • Liberty of the Seas, in 2007 for Royal Caribbean Cruise Line
  • Majesty of the Seas, in 1992 for Royal Caribbean Cruise Line
  • Mariner of the Seas, in 2003 for Royal Caribbean Cruise Line
  • Monarch of the Seas, in 1991 for Royal Caribbean Cruise Line
  • MSC Fantasia, in 2008 for MSC Cruises
  • MSC Lirica, in 2003 for MSC Cruises
  • MSC Magnifica, in 2010 for MSC Cruises
  • MSC Musica, in 2006 for MSC Cruises
  • MSC Opera, 2004 for MSC Cruises
  • MSC Orchestra, in 2007 for MSC Cruises
  • MSC Poesia, in 2008 for MSC Cruises
  • MSC Splendida, in 2009 for MSC Cruises
  • Navigator of the Seas, in 2002 for Royal Caribbean Cruise Line
  • Oasis of the Seas, in 2009 for Royal Caribbean Cruise Line
  • Queen Mary 2, in 2003 for Cunard Line
  • R One, in 1998 for Renaissance Cruises (since 2004 Insignia (Oceania Cruises))
  • R Two, in 1998 for Renaissance Cruises (since 2003 Regatta (Oceania Cruises))
  • R Three, in 1999 for Renaissance Cruises (since 2002 Pacific Princess (Princess Cruises))
  • R Four, in 1999 for Renaissance Cruises (since 2002 Ocean Princess (Princess Cruises))
  • R Five, in 1998 for Renaissance Cruises (since 2005 Nautica (Oceania Cruises))
  • R Six, in 2000 for Renaissance Cruises (since 2007 Azamara Journey (Azamara Club Cruises))
  • R Seven, in 2000 for Renaissance Cruises (since 2007 Azamara Quest (Azamara Club Cruises))
  • R Eight, in 2001 for Renaissance Cruises(since 2007 Royal Princess(Princess Cruises))
  • Rhapsody of the Seas, in 1999 for Royal Caribbean Cruise Line
  • Vision of the Seas, in 1998 for Royal Caribbean Cruise Line
  • Voyager of the Seas, in 1999 for Royal Caribbean Cruise Line
  • Brittany Ferries
  • Aurora af Helsingborg, in 1992 for Scandlines
  • Baltic princess, in 2006 for Tallink
  • Sea France
  • Birka Paradise, in 2004 for Birka Line
  • Color Fantasy, in 2004 for Color Line
  • Color Magic, in 2007 for Color Line
  • Celebrity Cruises
  • Aeolos Express I,(HSC) in 2000 for NEL Lines(since 2007 Aeolos Kenteris I)
  • Aeolos Express II,(HSC) in 2001 for NEL Lines(since 2007 Aeolos Kenteris II)
  • Aeolos Kenteris,(HSC) in 2001 for NEL Lines
  • Cotentin, in 2007 for Brittany Ferries
  • Crystal Serenity, in 2003 for Crystal Cruises
  • Destination Gotland, in 1999 for Destination Gotland
  • Dreamward, in 1992 for Norwegian Cruise Lines
  • Dryna, in 2005 for Fjord1
  • European Stars, in 2002 for Festival Cruises (since 2005 MSC Sinfonia (MSC Cruises))
  • European Vision, in 2001 for Festival Cruises (since 2004 MSC Armonia (MSC Cruises))
  • Galaxy, in 2006 for Tallink
  • Glutra, in 2000 for MRF
  • Scandlines
  • Hamnavoe, in 2002 for Northlink
  • Haroy, in 2006
  • Hjaltland, in 2001 for Northlink
  • Hrossey, in 2001 for NorthLink
  • Morbihan
  • Julsund, in 2004 for Fjord1
  • Kalliste, in 1993 for la Compagnie Méridionale de Navigation
  • Le Levant,in 1999 for Compagnie du Ponant
  • Mistral, in 1999 for Festival Cruises (since 2005 Grand Mistral (Iberocruceros))
  • SNCM
  • Nils Dacke, in 1994 for TT-Lines
  • Nordic Empress, in 1990 for Royal Caribbean Cruise Lines
  • Paul Gauguin, in 1997 for Radisson Seven Seas Cruises
  • Unity Lines
  • Radisson Diamond,(SWATH) in 2000 for Radisson Seven Seas Cruises (since 2005 Asia Star)
  • Romantika, in 2002, for Tallink
  • Sea France Rodin, in 2001 for Sea France
  • Sea France Berlioz, in 2005 for Sea France
  • Spirit of Britain, in 2010 for P&O Ferries
  • Stena Explorer,(HSC) in 1996 for Stena Line
  • Summit, in 2001 for Celebrity Cruises
  • Superspeed 1, in 2008 for Color Line
  • Superspeed 2, in 2008 for Color Line
  • Tidedronningen, in 2009 for Tide Sjo AS
  • Tidekongen, in 2009 for Tide Sjo AS
  • Tideprinsen, in 2009 for Tide Sjo AS
  • DSB Rederi
  • Irish Ferries
  • Victoria 1, in 2004 for Tallink
  • Viking Surkov, in 1984 (since 2008 Viking Helgi for Viking River Cruises)
  • Viking XPRS, in 2008 for Viking Line
  • Windward, in 1993 for Norwegian Cruise Line

References


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