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STX SHIPBUILDING TARGETS US$3BLN SALES IN 2012.
DALIAN, China, April 2 Asia Pulse - South Korea's STX Shipbuilding Co., the world's seventh-largest shipbuilder, said Sunday that its shipyard to be built here will post US$3 billion in sales in 2012, similar to that of its shipyard in Jinhae, South Korea.
During a ground-breaking ceremony for the shipyard, Kang Duck-soo, chairman of the STX Group, said its $500 million project to build the first South Korean-owned shipyard in China by the end of 2008 will help the company emerge as a global shipbuilder.
"This shipyard will increase our productivity and price competitiveness by maximizing cheaper labor and land," Kang said.
STX Shipbuilding and its affiliate, STX Corp., will build the yard that constructs bulk carriers and smaller-sized chemical vessels.
So far, the shipbuilder has won $1.1 billion worth of deals to build bulk carriers and other ships here.
Separately, STX Shipbuilding and its affiliate, STX Heavy ...
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- Magazine article from: India Business Insight November 2, 2006 700+ words
...six products tankers and two container vessels. The company has signed a contract for six tankers with STX Shipbuilding of South Korea. SCI is expected to acquire two container vessels at a price of $65.95 million each. The company intends...
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SEOUL, May 22 Asia Pulse - STX Shipbuilding Co. (KSE:067250), the world...carriers. The order calls for STX Shipbuilding to deliver the vessels by June...said in a regulatory filing. South Korea, home to seven of the world...
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SEOUL, March 5 Asia Pulse - STX Shipbuilding Co. (KSE:067250), the world's seventh-largest...company plans to pay a dividend of 275 won a share, it said. South Korea, home to seven of the world's top 10 shipyards, clinched...
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- Magazine article from: India Business Insight July 8, 2006 700+ words
(From India Business Insight) Great Eastern Shipping has placed orders for 2 long-range-one product tankers of 74,500 dead weight tonnes each. STX Shipbuilding Co Lt of Korea is likely to deliver the vessels in Oct-Dec 2008. The company now has 9 tankers on order.
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...SEOUL, July 23 Asia Pulse - STX Shipbuilding Co. (KSE:067250), a...shipping company calls on STX Shipbuilding to deliver the vessels by...regulatory filing. Shares of STX Shipbuilding were trading at 30,100 won...
- SOUTH KOREA'S STX SHIPBUILDING EXCEEDS 2007 ORDERS TARGET.
- News wire article from: AsiaPulse News December 6, 2007 700+ words
...Dec. 6 Asia Pulse - The STX Shipbuilding Co., (KSE:067250) the...5.5 billion. In 2006, STX Shipbuilding clinched shipbuilding orders valued at $4 billion. Shares of STX Shipbuilding were trading at 58,600 won...
- STX Shipbuilding takeover in prospect.
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...TAKEOVER is on the cards at STX Shipbuilding in South Korea following HSD Engine Co...As well as owning 38% of STX Shipbuilding, STX Corp is an engine...also owns a 14% stake in STX Shipbuilding. 'HSD does not hold any...
- STX Shipbuilding wins US$210 mln deal for four vessels.
- News wire article from: YON - Yonhap News Agency of Korea December 23, 2008 700+ words
...Dec. 23 (Yonhap) -- STX Shipbuilding Co., South Korea's fourth-largest shipbuilder...shipping company calls on STX Shipbuilding to deliver the vessels...of the buyer. Shares of STX Shipbuilding were trading at 13,700...
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...Yonhap) -- STX Shipbuilding Co., South Korea's sixth-largest...ship prices. STX Shipbuilding earned 3.4 billion...said. Shares of STX Shipbuilding closed down 1...sales this year. South Korea's shipyards...
- STX Shipbuilding to build three carriers for Italian firm.
- News wire article from: YON - Yonhap News Agency of Korea December 23, 2005 700+ words
...Dec. 22 (Yonhap) -- STX Shipbuilding Co., South Korea's seventh-largest shipbuilder...Italian shipping company. STX Shipbuilding will start delivering the...capacity, of 51,000 tons. STX Shipbuilding has received a record...
Source: HighBeam Research, STX SHIPBUILDING TARGETS US$3BLN SALES IN 2012.