STX Europe cuts STX OSV stake to 50.7%
STX Europe Holding AS, a wholly owned subsidiary of STX Europe AS, has agreed to sell part of its equity interests in STX OSV Holdings Limited (STX OSV) to investment funds affiliated
shipbuilder
Scorpio Tankers orders five product tankers at Hyundai Mipo
Scorpio Tankers Inc. (NYSE: STNG) has signed contracts with South Korean shipbuilder Hyundai Mipo Dockyard Co. Ltd. to construct five 52,000 DWT product tankers for approximately $37.4 million each. These vessels will
Austal looks to refocus Henderson yard on defense
Austal Limited (ASX:ASB) says it has reviewed its internal forecast for the full year ended June 30, 2011. It now expects net profits after tax to be in the range of A$20
Fincantieri moves to acquire Davie
Québec shipbuilder Davie Yards announced today that it has entered into an exclusivity agreement with Fincantieri and DRS Technologies Canada (“DRS”), a Finmeccanica company, to negotiate the potential acquisition of the shipyard