Offshore specialised vessels lead STX Europe results
STX Europe has reported an EBITDA result for the group of US$12.3 million for the second quarter of 2009, up from US$11.7 million in the corresponding period last year.
The offshore specialised vessels business area reported strong progress in the quarter with an EBITDA result of US$25.18 million.
Overall, activity levels remained high during the quarter, with the delivery of eleven vessels. Order intake in the quarter was US$653 million, resulting in an order backlog at the end of the first half of 2009 of US$5.7 billion comprising 59 vessels.