STX Corporation explained

Type:Public
Location:Changwon, South Korea
Key People:Chairman Park Sang-joon
Industry:Heavy equipment
Products:Trade
Subsid:STX Marine Service
STX Resort
Homepage:STX Corporation
Num Employees:44,000 (STX Total) 2008
20,000 (STX Europe)
Assets:US$23 billion (2008 2Q)

STX Corporation is a South Korean company that provides trading services and is publicly held. The company operates through two divisions: trade and ship maintenance. Its trade division deals with shipping and energy materials such as coal, oil, and steel. The ship maintenance division offers services such as cargo management, marine technical, insurance, crew management, and other related services. The headquarters of STX Corporation is located in Gyeongsangnamdo, South Korea.

The company had five local subsidiaries including STX Offshore & Shipbuilding, STX Engine, STX Heavy Industries, STX PanOcean and STX Energy.

STX Offshore & Shipbuilding was the world's fourth largest shipbuilder and in 2008 acquired Norwegian shipbuilder Aker Yards, to diversify their product line.[1]

STX business areas

External links

Notes and References

  1. Web site: Top News, Latest headlines, Latest News, World News & U.S News . Upiasia.com . 2015-04-02.