Latest News for: Stx offshore


Competition heats up between HD Hyundai, Hanwha in ship engine market

Korea Times 15 Jul 2024
The Fair Trade Commission (FTC) said Monday that it granted a conditional approval for HD Korea Shipbuilding & Offshore Engineering’s (KSOE) acquisition of STX Heavy Industries and its subsidiary, KM Crankshaft (KMCS).

Regulator gives conditional nod to HD Korea Shipping's purchase of stake in STX Heavy

Korea Times 15 Jul 2024
The antitrust regulator said Monday it has decided to give conditional approval to shipping company HD Korea Shipbuilding & Offshore Eengineering's acquisition of a controlling stake in STX Heavy Industries.

China’s Hengli yard plots $1.3bn expansion

Splash24/7 09 Jul 2024
... and high-value-added offshore engineering equipment. STX Dalian was one of the largest shipyards in the world in terms of area space when it was founded in 2006.

Hengli Plans $1.3 Billion Investment in Shipbuilding

MarineLink 08 Jul 2024
... STX's assets ... In mid-2022, Hengli bought shipbuilding and offshore engineering assets of STX Dalian, the Chinese unit of South Korea's STX Group for 1.729 billion yuan ($237.9 million).

DOF Group’s Skandi Seven FSV Up for Long-Term Assignment

MarineLink 25 Jun 2024
Norwegian offshore vessel operator DOF Group has signed a letter of intent (LOI) with an ... The Skandi Seven is a 2008-built large, high-spec offshore construction support vessel of STX OSCV 03 design.

International Seaways swells LR1 orderbook

Splash24/7 08 May 2024
US tanker owner International Seaways has expanded its orderbook of LR1 newbuilds in South Korea to six vessels ... The deal for the latest duo takes the total value at the former STX Offshore & Shipbuilding to $347m ... .

International Seaways boosts LR1 orderbook with K Shipbuilding option duo

Splash24/7 08 Nov 2023
The order is part of the original deal struck with the shipbuilder, formerly known as STX Offshore & Shipbuilding, in August ... The company also confirmed an MR sale previously reported by Splash ... .

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 ...

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 ... .

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President Joe Biden and Vice President Kamala Harris meet with cabinet members and staff for a report of the Task Force on Worker Organizing and Empowerment, Friday, February 4, 2022, in the Oval Office of the White House.
White House / Adam Schultz