V33 - STX Pan Ocean

STX Pan Ocean Co., Ltd.1 is a Korea-based company engaged in the marine transportation. The Company's fleets consist of bulk carriers, which transport cargoes such as irons, steels, minerals and grains; container ships, which transport containers; oil tankers, which mainly transport petrochemical and oil products, and car carriers, which transport automobiles. During the year ended December 31, 2006, bulk carrier business accounted for approximately 88% of the Company's total revenue. STX Pan Ocean has overseas branches in Europe, Asia, Australia and the Americas.

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SUMMARY

Industry Marine Transport
Address STX Namsan Tower, 5-ga, Namdaemoon-ro, Choong-gu, Seoul 100-800 South Korea
Phone 8223165162
Fax 8223165188

NEWS

  • October 14, 2008 - STX wins 161b won order for 2 bulk carriers2 - STX Shipbuilding Co, owner of Europe's largest shipyard, said it received a contract to build two bulk carriers worth 161.6 billion won (S$191.5 million) from a customer in Asia.
  • September 26, 2008 - STX wins Noble Corp ship order3 - STX Group, owner of Europe's largest shipyard, won a drill ship contract worth as much as US$1.2 billion from Noble Corp, the third-largest US offshore oil driller. The order, the first of its type won by South Korea-based STX Heavy Industries Co, includes a US$300 million deepwater drill ship for delivery in 2011 and an option for three additional vessels.
  • August 12, 2008 - STX Pan Ocean Q2 earnings up 46% at US$173m -4
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