STX OSV Holdings clinches two deals to build vessels

Home > Business > Industry

print dictionary print

STX OSV Holdings clinches two deals to build vessels

STX OSV Holdings, a European unit of Korean shipbuilding conglomerate STX Group, has clinched two deals worth 230 billion won ($205 million) to build two vessels, the group said yesterday.

Under a 130 billion won deal with DOF ASA of Norway, STX OSV will build an offshore subsea construction vessel by the end of the second quarter of 2013, the group said in a statement.

In a separate contract with Island Offshore of Norway, STX OSV will also build an offshore subsea support vessel for around 100 billion won, it said. STX OSV started trading its shares on the Singapore Exchange in late 2010. Yonhap

More in Industry


Big business recoils at new legal legislation

Hyundai Mobis has developed a hydrogen-powered forklift

Asiana adapts passenger plane to carry more cargo

Eastar Jet CEO threatens to sue pilot union for libel

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now