STX Europe: Offshore & Specialized Vessels continuing the positive trend

STX Europe AS reported an EBITDA result NOK 96 million for the third quarter of 2009, up from NOK 45 million in the corresponding period last year. Offshore & Specialized Vessels showed continued progress in the quarter with an EBITDA result of NOK 163 million, which was an improvement from the NOK -84 million in the corresponding period last year. During the third quarter STX Europe successfully delivered five vessels reflecting a continuous high level of activity and good operational performance.