STX Corporation
Encyclopedia
STX Corporation is a South Korean holding company engaged in the provision of trading services. Headquartered in Gyeongsangnamdo, South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

, the company operates its business through two divisions: trade and ship maintenance. Its trade business division provides shipping and energy materials, coal, oil, steel and others. Its ship maintenance business offers cargo management, marine technical, insurance, crew management and other related services. The company had four local subsidiaries including STX Offshore & Shipbuilding, STX Engine, STX Heavy Industries, STX PanOcean and STX Energy. STX Offshore & Shipbuilding is the world's fourth largest shipbuilder, recently acquired Norwegian Shipbuilder Aker Yards
Aker Yards
STX Europe AS, formerly Aker Yards ASA, a subsidiary of the South Korean industrial chaebol STX Corporation, is the largest shipbuilding group in Europe and the fourth largest in the world. With headquarters in Oslo, Norway, STX Europe operates 15 shipyards in Brazil, Finland, France, Norway,...

 in order to diversify their product line. As Europe's largest shipbuilder, Aker Yards has a technical background in cruise ship building. STX Group, formerly Ssangyong Heavy Industries, recently had an IPO of STX PanOcean. The IPO gave the group a substantial amount of cash to acquire Aker Yards
Aker Yards
STX Europe AS, formerly Aker Yards ASA, a subsidiary of the South Korean industrial chaebol STX Corporation, is the largest shipbuilding group in Europe and the fourth largest in the world. With headquarters in Oslo, Norway, STX Europe operates 15 shipyards in Brazil, Finland, France, Norway,...

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STX Business Areas

  • Shipbuilding Business
  • Offshore Business
  • Diesel Engine Business for ships & military
  • Diesel Power Business
  • Industrial Plant Business
  • Construction
  • Energy
  • Shipping
  • Electronic Equipment (TASS, TACM, Radar..)




Shipbuilding
  • STX Offshore & Shipbuilding
  • STX Europe
  • STX Dalian
  • STX-VINA Heavy Industry co., Ltd
  • Far Eastern Shipyard-STX


Engine
  • STX Engine
  • STX Enpaco
  • STX Heavy Industries (Large Size Engine)


Construction & Plant
  • STX Construction
  • STX Heavy Industries


Energy
  • STX Energy
  • STX Solar
  • Tiger Oil


Shipping
  • STX Pan Ocean


Bank
  • Heungguk Mutual Savings Bank

See also

  • List of Korea-related topics
  • Economy of South Korea
    Economy of South Korea
    South Korea has a market economy which ranks 15th in the world by nominal GDP and 12th by purchasing power parity , identifying it as one of the G-20 major economies. It is a high-income developed country, with a developed market, and is a member of OECD...

  • STX Europe ASA
  • STX Offshore & Shipbuilding

External links

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