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STX Corporation
Type Public
Founded 1976 → 2001 (Renamed)
Headquarters Flag of South Korea.svgJinhae, Korea Republic
Key people Chairman Kang Duk-soo
Industry Shipbuilding, Construction, Energy, Trade, Banking
Total assets $ 23 billion USD (2008 2Q)
Employees 44,000 (STX Total) 2008
20,000 (STX Europe)
Subsidiaries STX Corporation
STX Offshore & Shipbuilding
STX Engine
STX Pan Ocean
STX Energy
STX Heavy Industries
STX Enpaco
STX Construction
STX Europe ASA
STX Dalian
Website STX Corporation

STX Corporation is a South Korean holding company engaged in the provision of trading services. Headquartered in Gyeongsangnamdo, South Korea, 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.[1] 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,[2] recently acquired Norwegian Shipbuilder Aker Yards in order to diversify their productline. Akeryards, as the Europe's largest shipbuilder, had technical background in Cruiseship building. The 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.


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..)



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

Construction & Plant

  • STX Construction
  • STX Heavy Industries


  • STX Energy
  • STX Solar
  • Tiger Oil


  • STX Pan Ocean


  • Heungguk Mutual Savings Bank

See also


External links



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