Latest News for: Stx offshore


International Seaways orders two LR1 tankers at K Shipbuilding

Splash24/7 09 Aug 2023
... for the duo, which is expected to deliver from the yard formerly known as STX Offshore & Shipbuilding in late 2025.

International Seaways said to be pouncing on LR1 newbuilding pair

Tradewinds 08 Aug 2023
The Manhattan-based company will be paying about $57m per copy at K Shipbuilding, formerly ...

HD KSOE Strengths Position Buying Controlling Stake in Engine Manufacturer

The Maritime Executive 02 Aug 2023
South Korea’s largest shipbuilding group, HD Korea Shipbuilding & Offshore Engineering is strengthening its competitive position through the acquisition of a controlling position in STX Heavy Industries, the world’s third-largest manufacturer of marine engines.

South Korean engine makers merge

Splash24/7 01 Aug 2023
... (KSOE), the parent of Hyundai Heavy Industries, is acquiring STX Heavy Industries.

Ignazio Messina sells last conros

Splash24/7 19 Jul 2023
The Jolly Coral, Jolly Palladio, Jolly Titanio and Jolly Vanadio ships were built at STX Offshore & Shipbuilding ... Alphaliner analysts predict that Ignazio Messina, now shorn of all of its conros, will focus on building up a containership fleet ... .

Greek shipowner Nicholas Notias ups game with fresh tanker and bulker newbuildings

Tradewinds 15 May 2023
Just like in 2021, Notias opted for K Shipbuilding — formerly known ...

'Focus on yourself for sustainable growth'

Korea Times 25 Feb 2023
An STX vessel is seen in this promotional image / Courtesy of APC Private Equity ... STX's headquarters in Seoul / Courtesy of APC Private Equity ... APC PE made headlines here the following year when it took over STX Corporation _ most famous as the parent firm of former STX offshore & Shipbuilding.

Hanwha Acquires Control of HSD Engine to Enhance Shipbuilding Position

The Maritime Executive 17 Feb 2023
At the end of 2022, it was reported that Hanwha had entered the bidding for another South Korean engine manufacturer STX Heavy Industries. It was reported to be in it in competition with HD Hyundai, the parent of Korea Shipbuilding & Offshore Engineering, as well as HSD, and several private equity funds ... ....

Competition intensifies between Hanwha, HD Hyundai in shipbuilding industry

Korea Times 31 Dec 2022
STX Heavy Industries mentioned as next target of both conglomerates ... HD Hyundai, which changed its name from Hyundai Heavy Industries (HHI) Group, is the parent of Korea Shipbuilding & Offshore Engineering that also submitted a letter of intent to acquire STX Heavy Industries.

Hanwha Rivals Hyundai to Buy Engine Manufacturer STX

The Maritime Executive 27 Dec 2022
Based on a current market valuation of approximately $160 million, the implied value of the shares of STX being sold is approximately $78.7 million ... Hanwha’s bid would place it in competition with HD Hyundai, the parent of Korea Shipbuilding & Offshore Engineering, which announced in mid-December that it was bidding for the shares of STX.

KSOE Bids to Acquire Marine Engine Manufacturer STX

The Maritime Executive 17 Dec 2022
One of the final pieces of the former STX group is going up for sale in South Korea and in a surprise move, Korea Shipbuilding & Offshore Engineering (KSOE) announced that it is among the bidders for the company which is the engine builder of the former conglomerate.

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