STX Norway Offshore AS
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STX Norway Offshore AS
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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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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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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Lorient
Lorient (; ) is a town (''Communes of France, commune'') and Port, seaport in the Morbihan Departments of France, department of Brittany (administrative region), Brittany in western France. History Prehistory and classical antiquity Beginning around 3000 BC, settlements in the area of Lorient are attested by the presence of Megalith, megalithic architecture. Ruins of Roman roads (linking Vannes to Quimper and Port-Louis, Morbihan, Port-Louis to Carhaix) confirm Gallo-Roman presence. Founding In 1664, Jean-Baptiste Colbert founded the Louis XIV's East India Company, French East Indies Company. In June 1666, an Ordonnance, ordinance of Louis XIV of France, Louis XIV granted lands of Port-Louis, Morbihan, Port-Louis to the company, along with Faouédic on the other side of the roadstead. One of its directors, Denis Langlois, bought lands at the confluence of the Scorff and the Blavet rivers, and built slipways. At first, it only served as a subsidiary of Port-Louis, where o ...
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STX France Cruise SA
Chantiers de l'Atlantique is a shipyard in Saint-Nazaire, France. It is one of the world's largest shipyards, constructing a wide range of commercial, naval, and passenger ships. It is located near Nantes, at the mouth of the Loire river and the deep waters of the Atlantic, which make the sailing of large ships in and out of the shipyards easy. The shipyard was owned by Alstom from 1976 onwards, became Alstom-Atlantique, and was later part of Aker Yards when Aker Group acquired the Alstom Marine business in 2006. In 2008, the South Korean company STX Corporation acquired Aker Yards, and the shipyard became part of STX Europe (formed by the renaming of Aker Yards). After the bankruptcy of STX Corporation, the shipyard was acquired by the French government and reverted to its original name of Chantiers de l'Atlantique. History The current Chantiers de l'Atlantique yard evolved from the Ateliers et Chantiers de Saint-Nazaire Penhoët, Saint-Nazaire, France, famous for building ...
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Ferry
A ferry is a boat or ship that transports passengers, and occasionally vehicles and cargo, across a body of water. A small passenger ferry with multiple stops, like those in Venice, Italy, is sometimes referred to as a water taxi or water bus. Ferries form a part of the public transport systems of many waterside cities and islands, allowing direct transit between points at a capital cost much lower than bridges or tunnels. Ship connections of much larger distances (such as over long distances in water bodies like the Baltic Sea) may also be called ferry services, and many carry vehicles. History The profession of the ferryman is embodied in Greek mythology in Charon, the boatman who transported souls across the River Styx to the Underworld. Speculation that a pair of oxen propelled a ship having a water wheel can be found in 4th century Roman literature "''Anonymus De Rebus Bellicis''". Though impractical, there is no reason why it could not work and such a ferry, mod ...
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Cruise Ship
Cruise ships are large passenger ships used mainly for vacationing. Unlike ocean liners, which are used for transport, cruise ships typically embark on round-trip voyages to various ports of call, where passengers may go on Tourism, tours known as "shore excursions". Modern cruise ships tend to have less hull strength, speed, and agility compared to ocean liners. However, they have added amenities to cater to water tourism, water tourists, with recent vessels being described as "balcony-laden floating condominiums". there were 302 cruise ships operating worldwide, with a combined capacity of 664,602 passengers. Cruising has become a major part of the tourism industry, with an estimated market of $29.4 billion per year, and over 19 million passengers carried worldwide annually . The industry's rapid growth saw nine or more newly built ships catering to a North American clientele added every year since 2001, as well as others servicing European clientele until the ...
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MTW Wismar
MTW may refer to: Places * Motya, written in Phoenician as Science literature * Misner, Thorne & Wheeler's book ''Gravitation'' on Einstein's general theory of relativity Media/literature works * '' Medieval: Total War'', 2001 video game * '' Mock the Week'', British TV programme which debuted in 2005 * '' Martin the Warrior'', 1993 fantasy novel * ''Menschen Technik Wissenschaft'' (MTW), the preceding show of ''Einstein'' on Swiss television SRF Transport * MTW, the IATA airport code for Manitowoc County Airport in Manitowoc, Wisconsin * Maximum taxi weight, or maximum ramp weight, maximum weight for an aircraft being maneuvered on the ground * Maximum takeoff weight, alternate abbreviation instead of MTOW * Marinette, Tomahawk and Western Railroad, see List of Wisconsin railroads Other * Magahat language (ISO 639 language code: mtw) * Mission to the World, mission-sending agency for the Presbyterian Church in America The Presbyterian Church in America (P ...
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Alstom
Alstom SA () is a French multinational rolling stock manufacturer which operates worldwide in rail transport markets. It is active in the fields of passenger transportation, signaling, and locomotives, producing high-speed, suburban, regional and urban trains along with trams. The company and its name (originally spelled Alsthom) was formed by a merger between the electric engineering division of Société Alsacienne de Constructions Mécaniques (Als) and Compagnie Française Thomson-Houston (thom) in 1928. Significant acquisitions later included the Constructions Électriques de France (1932), shipbuilder Chantiers de l'Atlantique (1976), and parts of ACEC (late 1980s). A merger with parts of the British General Electric Company formed GEC Alsthom in 1989. Throughout the 1990s, the company expanded its holdings in the rail sector, acquiring German rolling stock manufacturer Linke-Hofmann-Busch and Italian rail signaling specialist Sasib Railways. In 1998, GEC Alsthom was ...
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Kværner
Kværner was a Norwegian engineering and construction services company that existed between 1853 and 2005. During its initial decades, the firm was involved in the manufacture of cast iron stoves and hydroelectric turbines. The turbine business was Kværner's leading product throughout the first half of the twentieth century, although it had also branched out into the production of bridges, cranes, and pumps. Kværner underwent a spree of international acquisitions during the 1990s, which included Govan Shipbuilders, Götaverken, Trafalgar House, Vyborg Shipyard; its headquarters were also relocated from Oslo to London during this decade. The heavy debt burden built up by acquiring these businesses, some of which were actually unprofitable, jeopardised the company's continued existence by the start of the twenty-first century. Efforts to stabilise the company included the selling off of Cunard Line and its construction division, as well as the receipt of financial suppo ...
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Aker ASA
Aker ASA is a Norway, Norwegian industrial investment company with ownership interests concentrated in oil and gas, renewable energy and green technologies, industrial software, seafood and marine biotechnology sectors. The company is listed on Oslo Stock Exchange. Aker's main shareholder is Kjell Inge Røkke, who owns 68.2% per cent of Aker through his company TRG Holding AS. The corporate headquarters are located in Fornebu, Norway. Aker was established in 1841 when Akers Mekaniske Verksted was founded in Oslo. Group companies As of 31 December 2022, Aker's industrial holdings include: *Currently owned **Aker BP **Aker Solutions **Aker Energy **Aker Horizons **Aker BioMarine **Cognite **Salmar Aker Ocean **Aize History The company takes its name from the former Akers mekaniske Verksted, which was Norway's largest shipyard and which closed in 1982. In 1987 one of the surviving companies split off from the shipyard merged with Norcem, creating a large cement group in Norway wi ...
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Chantiers De L'Atlantique
Chantiers de l'Atlantique is a shipyard in Saint-Nazaire, Saint-Nazaire, France. It is one of the world's largest shipyards, constructing a wide range of commercial, naval, and passenger ships. It is located near Nantes, at the mouth of the Loire, Loire river and the deep waters of the Atlantic Ocean, Atlantic, which make the sailing of large ships in and out of the shipyards easy. The shipyard was owned by Alstom from 1976 onwards, became Alstom-Atlantique, and was later part of Aker Yards when Aker ASA, Aker Group acquired the Alstom Marine business in 2006. In 2008, the South Korean company STX Corporation acquired Aker Yards, and the shipyard became part of STX Europe (formed by the renaming of Aker Yards). After the bankruptcy of STX Corporation, the shipyard was acquired by the French government and reverted to its original name of Chantiers de l'Atlantique. History The current Chantiers de l'Atlantique yard evolved from the Ateliers et Chantiers de Saint-Nazaire Penhoët, ...
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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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