stx finland

Newbuilding Rumors for NCL and Royal Caribbean

shipyard meyer werft Aidamar

I am hearing severla rumors that NCL is looking at building a ship around the 200,000gt mark. That puts it at just slightly smaller than the current largest Oasis and Allure of the Seas which come in at 225,000gt. The…

Meyer Werft GmbH In Talks To Purchase STX Finland

It’s no secret that STX Finland is in serious financial woes. After the Mein Schiff 4 is launched next year, there will officially be no cruise ships on their order book. One of the major reasons that the Rauma yard…

Mein Schiff 3 Photos

Here are photos of TUI Cruises newest ship, Mein Schiff 3, making her way to her home port of Hamburg, Germany. All are from Shipspotting. She kinda looks like a Solstice class from Celebrity Cruises. And as TUI Cruises is a…

Mein Schiff 3 Officially Delivered to TUI

STX Finland have officially delivered the Mein Schiff 3 to Germany’s TUI Cruises. This is the last cruise ship that STX Finland have on order. She is currently sailing in the Baltic while making her way down to Germany for…

Final Fate of STX Finland’s Rauma Yards Known

STX Logo

STX announced last year that they would be closing one of its Finnish yards for good. Roughly 700 jobs have been lost as a result. The closure comes amid South Korea’s STX Corporation’s massive financial troubles. The yard recently announced…

STX Secures Financing

STX Logo

STX has reportedly received enough cash to complete the second TUI ship it has scheduled for its Turku yard. This cash infusion will not effect the decision to close the Rauma yard. Jari Anttila, CEO of STX Finland, declined to comment where this…

STX Finland to Restructure its Yards

STX Logo

  STX Finland has announced that they will be closing the Rauma yard. In an effort to condense operations in an attempt to become profitable again, all shipyard work will be transferred to its Turku yard. Jari Anttila, EVP and…

STX Rumored to be Selling its European Shipyards

via Cruise Business Online STX Shipbuilding & Offshore has decided to sell its 66% stake in STX France and 100% holding in STX Finland as part of efforts to restore the financial health of the debt-ridden company.

More Details in the STX Shipyard Selloff

Its no secret that STX Group is in some serious financial difficulties. Last week the Korean Development Bank (KDB) was forced to take over the day-to-day operations of the group. This is allowed under Korean law to help the creditors…

RUMOR: STX May be Selling its European Shipyards

CIN is reporting that South Korean based STX Group is considering selling off its shipyards in Europe. This would effect STX France (currently building the third Oasis) and STX Finland (currently building TUI’s new ships.) Interestingly enough, these two shipyards…

Finnish Government Agrees to Third Oasis Deal

Last week we followed the STX Yards and Finnish Government meetings. Well, the results are out, and its a fairly positive one. However there are some short comings. STX had asked for 50 million Euros to help secure the Oasis…

Third Oasis Class Details

UPDATE WEDNESDAY: The government will meet on Thursday to discuss the financing package. It was rumored back in October that Royal Caribbean was exploring the possibility of building a third Oasis class vessel. The deal was pending the Finish Governmental approval of Royal…

A Third Oasis Ship May Be In The Works

According to the Finnish newspaper Turun Sanomat, STX Yards and Royal Caribbean are nearing a deal to build a third Oasis class. A sister to the very successful Oasis of the Seas and Allure of the Seas, the order for…

STX Gets the Order it Needed

STX Finland just got a very important order for a ferry for Viking Lines. I normally don’t cover ferry travel but this is important news. No one is building ships anymore. Its just the way things are now. After Allure…

Allure Delivered and Sets Sail Towards Florida

The Allure of the Seas was delivered from STX Finland yards. The only ship with a Starbucks at sea and an GUESS store at sea sailed from the cold Finnish city of Turku. Just like her sister Oasis last year,…