Latest News for: Stx offshore


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.

STX Dalian restarts shipbuilding with order for four handy bulkers

Splash24/7 25 Nov 2022
STX Dalian Shipbuilding has won orders to build four 20,000 dwt handy size ships, according to Caixin, a well respected Beijing-headquartered financial newswire ... In South Korea, STX Offshore & Shipbuilding was rebranded last year to K Shipbuilding and has since managed to win a string of orders.

Rebranded South Korean shipyard seals newbuild orders from Euronav and Atlas Maritime

Splash24/7 10 Oct 2022
DH Shipbuilding was taken over by private equity firm KH Investment earlier this year, also the owner of compatriot yard K Shipbuilding, formerly known as STX Offshore & Shipbuilding. .

Offshore Patrol Vessels Market SWOT Analysis, Key Indicators By 2030 |BAE Systems, Damen, STX Offshore ...

MENA FN 03 Oct 2022
(MENAFN - Markets Research Reports) Offshore Patrol Vessels-market Offshore Patrol Vessels Market. Key Insights. Latest research report, titled–Global Insights 2022 and Forecast 2030, This ... .

Seaspan Suspends $500M Deal for Four LNG Boxships

The Maritime Executive 17 Sep 2022
However, the deal appears to have fallen through ... The names of the liner and shipbuilder counterparties involved in the deal were not disclosed, but industry media have indicated that the builder may have been K Shipbuilding, the rebranded Korean yard once know as STX Offshore ... ....

KH Investments takes control of Daehan Shipbuilding

Tradewinds 06 Sep 2022
The medium-size shipyard is now controlled by merger-and-acquisition specialist KH Investment — the owner of K Shipbuilding (the former STX Offshore & ...

KH Investment Group completes Daehan Shipbuilding takeover

Splash24/7 02 Sep 2022
KH Investment Group also bought out another struggling Korean yard, STX Offshore & Shipbuilding, last year, ...

Korean Investors in K Shipbuilding Expand Buying Daehan Shipbuilding

The Maritime Executive 02 Sep 2022
The South Korean investment company that acquired the former STX Offshore & Shipbuilding in 2021 has completed the acquisition of a second midsized shipbuilder as the government seeks to continue the privatization of the industry ... With the sale of Daehan, along with STX and Hanjin last year, KDB's last shipbuilder investment is DSME.

Hengli bringing STX Dalian back to life

Seatrade Maritime News 19 Aug 2022
We are concentrating all our efforts to accelerate the renovation of STX Dalian’s old plant and will resume operation for the construction of equipment and offshore ...

Hengli Group takes over STX Dalian assets

Seatrade Maritime News 12 Jul 2022
STX Dalian Shipbuilding and offshore Engineering production base settled at Dalian Changxing island in 2006, was one of the leading shipbuilding bases, having over 30,000 employees at the height of its operations.  ... STX Offshore & ...

Hengli buys STX Dalian

Splash24/7 12 Jul 2022
... the yard into an offshore manufacturing base ... In South Korea, STX Offshore & Shipbuilding was rebranded last year to K Shipbuilding and has since managed to win a string of orders.

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