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STX Finland
STX Finland Oy, formerly Aker Yards Oy, was a Finnish shipbuilding company operating three shipyards in Finland, in Turku, Helsinki and Rauma, employing some 2,500 people. It was part of STX Europe, a group of international shipbuilding companies owned by the South Korean STX Corporation. Half of Helsinki yard was sold to Russian USC in 2010. In September 2013, STX Finland announced that the Rauma shipyard would be closed in June 2014. In August 2014, the Turku shipyard was sold to Meyer Werft and the state-owned Finnish Industry Investment, and renamed Meyer Turku Oy. History STX Finland Oy was a descendant of different shipyard companies. Wärtsilä operated the shipyards of Helsinki and Turku since the 1930s. Wärtsilä Marine went bankrupt in 1989 after merging with Valmet shipyards. Masa-Yards was established by Martin Saarikangas with financing from the shipping companies to finish the ships under construction, eventually taking over the operations of Wärtsilä' ...
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Aker Yards
Aker may refer to: Places * Aker, Norway, a geographic area in Oslo and a former municipality in Norway * Vestre Aker, a district of Oslo within former Aker municipality * Nordre Aker, a district of Oslo within former Aker municipality * Aker Brygge, a business and entertainment area in central Oslo Organisations and structures * Aker ASA, a company based in Oslo, Norway, including its subsidiaries ** Aker Solutions, an engineering company (formerly Aker Kværner) ** Aker American Shipping, a bareboat company with Aker Philadelphia Shipyard ** Aker Drilling, an oil rig company ** Aker Floating Production, a company engaged in ship based petroleum production ** Aker Seafoods, a seafood company ** Aker BioMarine, a krill harvest and processing company * Akers mekaniske Verksted, a former shipyard in Oslo * Aker stadion in Molde, Norway * Aker University Hospital, a primary hospital in eastern Oslo * Aker Yards, a European ship yard group * Old Aker Church, a church in Oslo Other u ...
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Freedom Of The Seas Construction
Freedom is the power or right to speak, act, and change as one wants without hindrance or restraint. Freedom is often associated with liberty and autonomy in the sense of "giving oneself one's own laws". In one definition, something is "free" if it can change and is not constrained in its present state. Physicists and chemists use the word in this sense. In its origin, the English word "freedom" relates etymologically to the word "friend". Philosophy and religion sometimes associate it with free will, as an alternative to determinism or predestination. In modern liberty nations, freedom is considered a right, especially freedom of speech, freedom of religion, and freedom of the press. Types In political discourse, political freedom is often associated with liberty and autonomy, and a distinction is made between countries that are free of dictatorships. In the area of civil rights, a strong distinction is made between freedom and slavery and there is conflict between peopl ...
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Rauma-Repola
Metso Corporation (natively ) was a Finnish industrial machinery company focusing on providing technology and services for mining, and aggregates industries. On 30 June 2020, Metso's partial demerger and combination of Metso Minerals business unit and Outotec took place. Two new companies started operations on 1 July 2020: Neles and Metso Outotec. History Metso was created through the merger of Valmet and in 1999. In 2013, Metso demerged into two separate companies: Metso Corporation and Valmet Corporation. 2000s By 2008, Metso had become Finland's ninth largest company and the number of Metso shareholders had increased from 25,000 to 42,000. Metso strengthened its market position and service capacity in growing markets, particularly in India and China. During 2008, the expansions to the Ahmedabad foundry and the Bawal factory in India were completed. Metso also purchased the paper machine technology of Japanese Mitsubishi Heavy Industries’ (MHI), making Metso the so ...
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Valmet
Valmet Oyj, a Finnish company, is a developer and supplier of process technologies, automation systems and services for the pulp, paper, energy industries. Flow control serves a wider base of process industries. History 1999–2012 Valmet and Rauma merge as Metso At the end of 2009, Metso acquired Tamfelt Corporation, one of the world's leading suppliers of technical textiles. Valmet 2020– At the end of June 2020, Neles was separated from Metso. The State of Finland sold its share of 15 per cent to Valmet. In mid-July, the Swedish company Alfa Laval made an offer to buy Neles. Valmet's CEO Laine rebuked the board of Neles for ill-advised actions and accepting a price that was too low. Laine had previously managed the business operations of Neles and thought that Valmet could in time have bought more of its stock. Alfa Laval's CEO said that they had bought Neles at a “pandemic discount,” and the front page of the Swedish financial newspaper Dagens Industri celebra ...
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Wärtsilä
Wärtsilä Oyj Abp (), trading internationally as Wärtsilä Corporation, is a Finnish corporation, Finnish company which manufactures and services power sources and other equipment in the Marine propulsion, marine and energy markets. The core products of Wärtsilä include technologies for the energy sector, including gas, multi-fuel, liquid fuel and biofuel power plants and energy storage systems; and technologies for the marine sector, including cruise ships, ferries, fishing vessels, merchant ships, navy ships, special vessels, tugs, yachts and offshore vessels. Ship design capabilities include ferries, tugs, and vessels for the fishing, merchant, offshore and special segments. Services offerings include online services, underwater services, turbocharger services, and also services for the marine, energy, and oil and gas markets. At the end of December 2023, the company employed 17,800 workers. Wärtsilä has two main businesses; Energy Business focusing on the energy marke ...
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Perno Shipyard
Perno shipyard is a shipyard in Turku, southwest Finland, that specialises in building cruise ships, Ferry, passenger ferries, special vessels and offshore projects. The yard area is and is operated by Meyer Turku, Meyer Turku Oy with a dry dock long, wide and deep. It has the largest bridge crane in the Nordic region with a capacity of 1,200 tonnes and a smaller crane with a capacity of 600 tonnes. History Construction Wärtsilä's shipbuilding grew heavily in the 1960s and over time Crichton-Vulcan, the old yard area on both banks of the Aura River (Finland), Aura river that runs through Turku became too small. When Tankmar Horn was appointed general manager of Wärtsilä in 1971, the idea of a modern "ship factory" started to evolve, inspired by the Swedish Götaverken Arendal shipyard, Arendal yard.Knorring: ''Crichton-Vulcanista Turun telakkaan.'' pp. 125–134. The area selected for the new yard was in Perno, then part of Raisio, some from the centre of Turku. Th ...
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Rauma Shipyard
Rauma shipyard () is a shipyard in Rauma, Finland. It was previously operated by STX Finland which is owned by the South Korean STX Corporation. Rauma shipyard is specialized in large Ferry, ferries, small cruise ships, multipurpose icebreakers and small Navy, naval craft. , Rauma Marine Constructions operates the Rauma shipyard. History Shipbuilding in Rauma had begun in the 16th century and continued until the end of the sail ship era in the 1890s. Modern shipbuilding was launched in 1945 as Hollming, F.W. Hollming and Rauma-Repola started building ships for Soviet Union as war reparations. In 1991 they merged and were known as Finnyards which was later owned by the Norwegian Aker Maritime. Since 2008 the shipyard was operated by STX Finland. In September 2013 STX Finland announced of closing the Rauma shipyard and 600 workers were laid off. In January 2014 the shipyard was purchased by the City of Rauma with a price of 18 million euros. The shipyard area is planned to be devel ...
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Hietalahti Shipyard
Hietalahti shipyard (also known as Helsinki New Shipyard, ) is a shipyard in Hietalahti, in downtown Helsinki, Finland. Since 2019, it has been operated by a company named Helsinki Shipyard. History The shipyard, first known as Helsingfors Skeppsdocka () and later as Sandvikens Skeppsdocka och Mekaniska Verkstad (), was founded in 1865 and delivered its first ship in 1868. It also constructed horse-drawn trams and railroad cars. Wärtsilä bought the parent company Kone ja Silta in the 1930s; it included also the Crichton-Vulcan shipyard in Turku. In 1965 the yard was renamed ''Wärtsilä Helsingin Telakka'' (Wärtsilä Helsinki Shipyard). After the bankruptcy of Wärtsilä Marine in 1989 the yards were operated by the newly formed Masa Yards, bought by the Norwegian Kværner group in the mid 1990s and known as Kvaerner Masa Yards. In 2005 the company merged with the Aker Finnyards shipyard in Rauma and was renamed Aker Yards in 2006. In 2008 Aker Yards was acquired b ...
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STX Corporation
STX Corporation is a South Korean company that provides trading services and is publicly held. The company operates through two divisions: trade and ship maintenance. Its trade division deals with shipping and energy materials such as coal, oil, and steel. The ship maintenance division offers services such as cargo management, marine technical, insurance, crew management, and other related services. The headquarters of STX Corporation is located in Gyeongsangnamdo, South Korea. The company had five local subsidiaries including STX Offshore & Shipbuilding, STX Engine, STX Heavy Industries, STX PanOcean and STX Energy. STX Offshore & Shipbuilding was the world's fourth largest shipbuilder and in 2008 acquired Norwegian shipbuilder Aker Yards Aker may refer to: Places * Aker, Norway, a geographic area in Oslo and a former municipality in Norway * Vestre Aker, a district of Oslo within former Aker municipality * Nordre Aker, a district of Oslo within former Aker municipality * ...
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STX Europe
STX Europe AS, formerly Aker Yards ASA, was until 2012 a subsidiary of the South Korean STX Offshore & Shipbuilding. With headquarters in Oslo, Norway, STX Europe operated 15 shipyards in Brazil, Finland, France, Norway, Romania and Vietnam. The company had three business areas: Cruise & Ferries, Offshore & Specialized Vessels and Other Operations. In 2012, with rising outstanding debts, STX retained the Finnish cruise shipbuilding yard and sold the remainder as ''STX OSV Holdings'', (Offshore & Specialist Vessels), including all the yards, to Fincantieri, which renamed the group Vard. In September 2014 STX Finland was sold, 70% to Meyer Werft and 30% to the Finnish government. The operations were continued under name Meyer Turku thereafter. Meyer Werft acquired the Finnish government's 30% in April 2015. In 2017 STX France was acquired by the French government after the bankruptcy of STX Corporation and reverted to its original name of Chantiers de l'Atlantique. History B ...
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