• 2017 May 19 15:43

    Fincantieri signs an agreement with STX Europe for the acquisition of a majority stake of STX France

    FINCANTIERI S.p.A. announces that it signed today a share purchase agreement for the acquisition of 66.66% of the share capital of STX France from its current shareholder STX Europe AS (“STX Europe”).

    The agreement entails a purchase price of euro 79.5 million, to be paid through available financial resources.

    The closing of the transaction will be subject to customary conditions for this kind of transactions.
     
    Fincantieri continues to negotiate with the French State for the finalization of the shareholders’ agreement for STX France in accordance with the Heads of Terms signed on April 12.
     
    With more than 150 years of history, STX France is a global player in maritime construction. Based in Saint-Nazaire, on the French Atlantic coast, the Group operates one of the most modern shipyards in the world and has great expertise in the design and engineering of the most complex and innovative ships. STX France has approximately 2,600 employees and a network of more than 500 subcontractors. In 2016 it has generated revenues of approximately euro 1.4 billion.
     
    Through this industrial partnership, Fincantieri and STX France will create a global leader in all high-tech shipbuilding industry’s sectors. The perfect complementarity of Fincantieri and STX France cruise activities and products would allow the two companies to serve all the clients and end-markets and to generate value not only for the shareholders, but also for the employees and the respective subcontractors’ networks.
     
    Any change to the forecasts envisaged by Fincantieri 2016-2020 Business Plan will be evaluated and disclosed based on the finalization of the agreements among future shareholders of STX France.
     
    The financial advisor supporting Fincantieri for this transaction is BNP Paribas.




2017 September 26

18:26 Port of Gdansk sees record number of cruise ship calls this season
18:06 OCEASOFT’s Cobalt ML3 revolutionizes temperature monitoring for sensitive products during transport
17:54 Passenger Port of St. Petersburg welcomed 3 cruise ships last week
17:37 US Navy takes delivery of LCS 9 from Fincantieri and Lockheed Martin Corp.
17:19 Sovcomflot takes part in annual NEVA exhibition in St. Petersburg (photo)
17:01 Sub-Committee on Implementation of IMO Instruments is meeting for its fourth session
16:52 ICS Chairman’s message for IMO World Maritime Day: Shipping industry focused on serious CO2 emission reduction
16:47 India's Kandla Port renamed as Deendayal Port
16:36 Training for port security officials held in Mexico
16:12 IMS Group purchases OceanSaver assets
16:05 ClassNK announces R&D Roadmap
15:44 Rolls-Royce acquires technology for the electrically-assisted charging of MTU engines
15:29 Albwardy Damen announces Experience Day at its shipyard in Sharjah, UAE, on 28 September
15:25 China workshop discusses oil pollution response
15:06 Fuel oil prices are flat at the Far East ports of Russia (graph)
14:45 SCF Group seafarers commended at Vladivostok
14:24 Hapag-Lloyd recycles three container ships in an environmentally friendly manner
13:59 Warsaw will host Polish LNG Conference on 22-23 November 2017
13:36 OOCL adds Maher Terminal in port rotation, drops call to Colong, Panama on ECX1 service
13:10 RZD Holding arranged regular container transit between Europe and China via the Kaliningrad Region
12:46 MSC Belgium to attend Transport & Logistics fair in Antwerp
12:08 Teekay and Brookfield announce closing of strategic transaction
11:26 81,600dwt newbuilding vessel MV Sakizaya Power joined Wisdom Marine Lines fleet
11:11 RF Government set to ease customs formalities
11:08 Boskalis subsidiary VBMS signs Preferred Supplier Agreement for Triton Knoll OWF
10:48 Hydrotechnika Journal (Media Group PortNews) becomes an official information partner of RWTSTS
10:23 Serbian marines protect WFP merchant vessel Esbjerg
10:17 International Conference “Advanced port fleet - the basis of safety” gathered about 400 participants
10:08 ARC starts HHG Service to Italy
09:31 DPA reports record handling rate in 2016- 2017 in August
09:08 Scorpio Bulkers announces the acquisition of six dry bulk Ultramax vessels
08:13 Kelvin Hughes Australian integration partnership with AMS goes from strength to strength

2017 September 25

18:24 BV joins global industry alliance (GIA)
18:00 Patrol boat of Project 03160 built for RF Navy’s Baltic Fleet by Pella Shipyard completes sea part of state trials (photo)
17:37 Fincantieri delivers "Viking Sun" in Ancona
17:31 APM Terminals improves productivity, costs and flexibility with a win-win labor strategy
17:12 Intermodal terminal operations to be moved to Hisingen in December
16:47 FueLNG completes first commercial LNG bunkering in Singapore
16:32 General Dynamics secures $5bn U.S. Navy’s contract for ballistic-missile submarine
16:20 Murmansk Region Governor: energy infrastructure for MTH project to be completed by the end of 2019
15:41 Large ASW ship Vice-Admiral Kulakov provided security of Indian tanker’s passage through Gulf of Aden
15:13 Russian and Chinese military seamen practiced rescuing a ship in distress
14:50 Krylov Centre at the 13th International Exhibition & Conference RAO/CIS Offshore 2017
14:25 RF Navy’s ASW ships Onega and Naryan-Mar repelled simulated enemy’s air attack in the White Sea
14:01 Average wholesale prices for М-100 HFO up to RUB 12,711 in RF spot market
13:38 Zelenodolsk shipyard launches high-speed passenger ship of Project А145Е for UAE customer
13:04 Damen Shipyards Yichang launches first DT8000 SD, Damen Tanker 8000 Shallow Draft (photo)
12:32 Transocean announces retirement of six floaters
11:30 Fincantieri to build a next-generation ship for Cunard
11:03 The 28th meeting of the Tokyo MOU Port State Control Committee held in Vladivostok
11:00 ABS approves GMS self-elevating drilling unit design
10:29 Asia’s Maritime Technology Cooperation Centre up and running
10:27 Golden Ocean sells six Ultramax vessels
09:55 Cargo transportation by inland water ways of Russia down to 74.5 mln t in 8M’17
09:33 Brent Crude futures price down 0.21% to $56.3, Light Sweet Crude – down 0.28% to $50.52
09:16 Baltic Dry Index up to 1,502 points

2017 September 22

18:04 ESL Shipping's second LNG-fueled dry cargo vessel was named Haaga
17:47 Black Sea Fleet frigate Admiral Essen returned to Sevastopol
17:22 Port of Gdansk throughput up 4% to 25.5 mln t in Jan-Aug'17
16:58 Pella Shipyard (Leningrad Region) launched the harbor tugboat of Project 04690 (graphics)