Search results for: stx-france

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  • 5 February 2018
    Business & Finance

    Fincantieri has finally inked the deal with the French state on the acquisition of its French counterpart STX France.

  • 7 July 2015
    Storage

    STX France has inaugurated its ANEMOS facility, dedicated for marine energy, in the presence of Véronique Schaaf, state representative of Chateaubriand, Christophe Clergeau, vice-president of the Pays-de-la-Loire Region and David Samzun, President of CARENE. During the ceremony, STX France announced an order for two 500 MW substations. Both clients based in Northern Europe, who wished to […]

  • 19 May 2017
    Business & Finance

    Italian shipbuilder and ship designer Fincantieri has signed a share purchase agreement for the acquisition of 66.66% of the share capital of STX France from its current shareholder, STX Europe AS.  The agreement entails a purchase price of EUR 79.5 million (USD 88.5 million), to be paid through available financial resources, Fincantieri said. The closing of […]

  • 31 July 2017
    Business & Finance

    France has decided to refuse the proposal of Italian shipbuilder and ship designer Fincantieri to acquire the majority stake in STX France shipyard.  By using its right of preemption, France will control 100% of STX France in the next few months. The decision will give the country time for better negotiation and agreement, Bruno Le […]

  • 8 December 2016

    STX France has started fabrication works for the offshore substation that will be installed at the Rentel offshore wind farm site in Belgium. The first steel cutting for the substation took place yesterday at STX France’s yard in Saint-Nazaire. Design of both the foundation and the topside has been carried out by STX France. The substation will comprise a 1,600t monopile foundation […]

  • 8 December 2016

    STX France has started fabrication works for the offshore substation that will be installed at the Rentel offshore wind farm site in Belgium. The first steel cutting for the substation took place yesterday at STX France’s yard in Saint-Nazaire. Design of both the foundation and the topside has been carried out by STX France. The substation will comprise a 1,600t monopile foundation […]

  • 1 June 2017
    Business & Finance

    French President Emmanuel Macron wants to review the terms of Fincantieri’s acquisition of its St Nazaire-based counterpart STX France. “I want to see the initial balance agreed in April to be revised,” Macron is quoted as saying by Reuters while attending the delivery ceremony of MSC’s new cruise ship MSC Meraviglia built by the French yard. At 171,598 GRT, […]

  • 23 June 2011
    Business & Finance

      STX France SA, a 66.66% owned subsidiary of STX Europe AS, has rescinded the contract with GNMTC (General National Maritime Transport Company) – the state owned Libyan shipping company – for the construction of a 140,000 GT cruise vessel for delivery end-2012. The reason for the rescission is the default of payment from GNMTC. […]

  • 23 June 2011

    STX France SA, a 66.66% owned subsidiary of STX Europe AS, has rescinded the contract with GNMTC (General National Maritime Transport Company) – the state owned Libyan shipping company – for the construction of a 140,000 GT cruise vessel for delivery end-2012. The reason for the rescission is the default of payment from GNMTC. STX […]

  • 9 March 2018
    Business & Finance

    STX France has unveiled a new sailing ship concept to reduce environmental impact and save energy.

  • 17 March 2017

    STX France has expanded its Anemos plant in Saint-Nazaire, dedicated to marine renewable energy, to meet the needs of the international market.

  • 26 June 2015
    Business & Finance

    South Korean shipbuilding conglomerate Daewoo Shipbuilding and Marine Engineering (DSME) has shelved its plans to acquire STX France for the time being, according to DSME’s CEO Jung Sung-leep. Speaking at a press conference on Thursday at the company’s headquarters Jung said that STX France is a solid company with a good outlook, especially in the context of DSME’s […]

  • 14 December 2012
    Business & Finance

    AREVA and STX France today announced a cooperation agreement with a view to optimizing foundations for offshore wind turbines. AREVA will bring its expertise in design and production of wind turbines and STX France its know-how in specialized offshore foundations, with a view to strengthen competitiveness of offshore wind power in European market that should […]

  • 13 April 2017
    Business & Finance

    Italian shipbuilding company Fincantieri signed on Wednesday the Heads of Terms for the acquisition of shares in STX France with the French State, represented by the Agence des Participations de l’Etat (APE). The signing comes on the back of an agreement in principle Fincantieri reached with the French government that was announced on April 6, 2017. […]

  • 22 March 2018
    Ports & Logistics, Storage

    The offshore substation topside built for the Arkona offshore wind farm has left STX France’s yard in Saint Nazaire and is now en route to the German Baltic Sea.

  • 14 December 2012

    STX France SA has received an order to build one offshore substation due for delivery in 2014 for a wind farm in Northern Europe. STX France will perform the detail design and deliver the substation topside module, the jacket foundation and the piles. The contract will represent around 150 000 man-hours. Construction is expected to […]

  • 6 April 2012

    Viking River Cruise has decided to withdraw from further discussions with STX France concerning the previously announced project for two luxury cruise vessels announced on 21 December 2011. On December 21st STX France SA received an order to build two luxury cruise ships from Viking Ocean Cruises, an affiliate of Viking River Cruises. The vessels should’ve […]

  • 28 September 2017
    Business & Finance

    The French and Italian governments have hammered out a deal on the future shareholding structure of STX France, enabling Fincantieri’s takeover of the yard to move forward. Namely, the two governments agreed to launch a joint process paving the way for the future creation of an alliance in the naval defence sector that is expected to result […]

  • 14 December 2012
    Business & Finance, Equipment, Project & Tenders

    STX France SA has received an order to build one offshore substation due for delivery in 2014 for a wind farm in Northern Europe. STX France will perform the detail design and deliver the substation topside module, the jacket foundation and the piles. The contract will represent around 150 000 man-hours. Construction is expected to […]

  • 12 May 2015
    Business & Finance

    South Korean Daewoo Shipbuilding & Marine Engineering (DSME) has confirmed its interest in buying a stake in a Saint Nazaire-headquartered shipbuilder STX France. Reacting to recent speculations made in the French press, DSME said that it received the offer documents for the sale of the stake, but that no specifics had been agreed upon at the time. DSME […]

  • 5 June 2017
    Business & Finance

    Cruise liner MSC Cruises has signed a new memorandum of understanding with STX France, finalizing the order of two 200,000 GRT, LNG-powered mega cruise ships, with options for two additional vessels. The four ships will become MSC Cruises’ World Class, which will include several innovations such as a completely new generation of LNG-powered engines as well as […]

  • 3 January 2017
    Business & Finance

    Italian company Fincantieri has received an approval from a South Korean court making it the preferred bidder for Saint-Nazaire-based shipbuilder STX France, according to Reuters. The announcement was made only days after Italy’s shipbuilding and ship designing firm was unveiled as the only bidder for the French yard. Fincantieri confirmed that it was notified by Samil PricewaterhouseCoopers, advisor appointed by […]