Search results for: STX Pan Ocean

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  • 9 September 2011
    Business & Finance

      South Korea’s largest bulk shipper STX Pan Ocean succeeded in obtaining a sizeable loan from a group of domestic and overseas lenders to finance new vessel orders. STX Pan Ocean announced on Friday that it held a signing ceremony at the Millennium Hilton Hotel in Seoul the day before, for the $510 million syndicated […]

  • 5 December 2011

    A Vale SA vessel leased from STX Pan Ocean Co. to transport as much as 400,000 metric tons of iron ore to China will undergo repairs to fix…   By Kyunghee Park and Juan Pablo Spinetto (Bloomberg) [mappress] Source: InterManager, December 5, 2011; Image: STX Pan Ocean

  • 16 January 2013
    Business & Finance

    STX Pan Ocean successfully took over 83,000 DWT class Panamax, STX Horizon, on January 8th, as the first delivery of this year. Built at STX Dalian Shipbuilding Complex, the vessel is 229m long, 32m wide and 20m high bulk carrier. Having concluded strategic contracts for long-term transportation with domestic and international shippers including POSCO, Hyundai-Steel, […]

  • 4 May 2010

    The $600 mn Coal and Oil has entered into a long-term shipping agreement with $5 billion Korean company STX Pan Ocean to carry coal for Coastal Energen. The ten-year-contract will commence from 2012 and STX Pan Ocean is in the process of placing new building ship orders for three to four geared ‘kamsarmax’ bulkers (82000 […]

  • 9 September 2011

    South Korea’s largest bulk shipper STX Pan Ocean succeeded in obtaining a sizeable loan from a group of domestic and overseas lenders to finance new vessel orders. STX Pan Ocean announced on Friday that it held a signing ceremony at the Millennium Hilton Hotel in Seoul the day before, for the $510 million syndicated loan […]

  • 16 January 2013

    STX Pan Ocean successfully took over 83,000 DWT class Panamax, STX Horizon, on January 8th, as the first delivery of this year. Built at STX Dalian Shipbuilding Complex, the vessel is 229m long, 32m wide and 20m high bulk carrier. Having concluded strategic contracts for long-term transportation with domestic and international shippers including POSCO, Hyundai-Steel, […]

  • 10 October 2013
    Business & Finance

    STX Pan Ocean, restructuring shipowner listed in Singapore and Korea, has axed $225m worth of newbudiling orders as part of its rehabilitation plan. The company announced today, in a regulatory filing, that the size of investment amount has been reduced from approximately $1 billion to $0.8 billion in respect of the shipbuilding orders for open […]

  • 20 July 2015
    Business & Finance

    Singapore-listed bulker owner Pan Ocean Co., Ltd. has appointed Harim Group’s chairman Kim, Hong Kuk as Chief Executive Officer. South Korean shipping company signed the investment contract with its preferred bidder Harim Group & JKL Consortium in February. The consortium, made up by poultry processor Harim and Korean private equity group JKL Partners, assigned USD 968 million for the acquisition […]

  • 20 July 2015
    Business & Finance

    Singapore-listed bulker owner Pan Ocean Co., Ltd. has appointed Harim Group’s chairman Kim, Hong Kuk as Chief Executive Officer. South Korean shipping company signed the investment contract with its preferred bidder Harim Group & JKL Consortium in February. The consortium, made up by poultry processor Harim and Korean private equity group JKL Partners, assigned USD 968 million for the acquisition […]

  • 7 January 2006

    SOUTH Korean regional container operator STX Pan Ocean recently made inroads into the Malaysian market with the inauguration of the Korea Malaysia Straits (KMS) Service.

  • 31 May 2010
    Project & Tenders, Vessels

    STX Pan Ocean, a South Korean shipping company, has successfully acquired STX Frontier, a 153,600 cubic meter LNG carrier…   [mappress] Source: mk business news, May 31, 2010;

  • 3 May 2011

    On the morning of 2 April, the 57,000DWT bulk carriers, “SOFIA”and “STX RAPIDO”, were launched at the same time in COSCO Zhoushan Shipyard. These two vessels were built separately for the Greek owner GOLDENPORT SHIPMANAGEMENT LTD, and the Korean owner STX PAN OCEAN CO., LTD. N176 “SOFIA” is the fourth of the 57,000DWT bulk carrier […]

  • 15 March 2013
    Business & Finance

    On February 14th, five power generation subsidiaries of the Korea Electric Power Corp., including Korea Midland Power and Korean Southern Power, signed an 18-year contact with four local shipping companies for the delivery of their coal imports, the energy source to fuel thermal power plants nationwide. The shipping companies are Hyundai Merchant Marine, STX Pan […]

  • 12 August 2011

    STX Pan Ocean noted that the widening financing difficulties faced by shipyards may delay the scheduled newbuilding deliveries… (seatrade-asia) [mappress] Source: seatrade-asia, August 12, 2011; Image: panocean

  • 3 April 2006

    South Korea-based shipping company STX Pan Ocean Co. Ltd. (V33.SG) said Monday it has awarded a contract to South Korea’s Hanjin Heavy Industries & Construction Ltd.

  • 20 January 2012
    Business & Finance

    Korea based STX Pan-Ocean has selected to use STX-PARAT boilers in all their new vessels currently being built at the STX Shipyard in Changwon, Korea and STX Dalian in China. The vessel type is 57.000 dwt Open Hatch General Cargo Vessel and the boiler capacity is 1200kgs/hr in the oilfired section and 1100kgs/hr in the […]

  • 11 January 2013
    Business & Finance

    STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced that Tidewater Inc. (“Tidewater”) has acquired contracts for three Platform Supply Vessels (PSVs) under construction at STX OSV in Norway. STX OSV had originally secured the contracts for the design and construction of three vessels […]

  • 20 January 2012

    Korea based STX Pan-Ocean has selected to use STX-PARAT boilers in all their new vessels currently being built at the STX Shipyard in Changwon, Korea and STX Dalian in China. The vessel type is 57.000 DWT Open Hatch General Cargo Vessel and the boiler capacity is 1200kgs/hr in the oilfired section and 1100kgs/hr in the […]

  • 2 June 2010

    Mainboard-listed STX Pan Ocean on Tuesday said it has won a shipbuilding contract worth at least US$40 million or S$56.6 million. Under the agreement, STX will build a semi-submersible heavy lift carrier. The firm did not name its customer in its stock exchange filing.

  • 5 January 2012

      South Korean company STX Pan Ocean Co. stated that the Vale Beijing vessel has been successfully moved to an anchorage and that the damage caused upon loading Vale SA iron ore in northeast Brazil in December is reparable. The real cause of the problem remains uncertain however further investigation is being conducted. The vessel […]

  • 10 October 2013

    STX Pan Ocean, restructuring shipowner listed in Singapore and Korea, has axed $225m worth of newbudiling orders as part of its rehabilitation plan. The company announced today, in a regulatory filing, that the size of investment amount has been reduced from approximately $1 billion to $0.8 billion in respect of the shipbuilding orders for open […]

  • 6 September 2013
    Business & Finance

    GasLog Ltd. today announced that it has signed a memorandum of agreement to acquire the STX Frontier, a 2010-built, 153,600 cubic meter LNG carrier from STX Pan Ocean LNG PTE. Ltd. (“STX Pan Ocean”), a Singapore based company. The intention is that GasLog will take over the vessel from STX Pan Ocean early in the […]