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三星报喜

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STX OSV SECURES CONTRACT FOR ONE OFFSHORE SUBSEA CONSTRUCTION VESSEL FOR DOF SUBSEA

Singapore, 14 February, 2013 – STX OSV Holdings Limited (“STX OSV”), one of

the major global designers and shipbuilders of offshore and specialized vessels, is

pleased to announce that it has secured a new contract for the design and

construction of one Offshore Subsea Construction Vessel (“OSCV”) for DOF

Subsea.

The vessel will be of OSCV 12 design, developed by STX OSV in Ålesund,

Norway. It will have a total length of approximately 161 meters and a beam of 32

meters. Delivery is scheduled from STX OSV Søviknes in 1Q 2015. The hull will be

delivered from STX OSV Tulcea in Romania.

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Smart monies are buying the dips now.

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With such performance potential of STX OSV, expect favorable information and recommendations from Ernst & Young.

Peter_Pan ( Date: 14-Feb-2013 19:22) Posted:

This circular by Ernst & Young should be issued soon.

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STXOSV $1.555 COME MNEY COME

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More to come.

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Two contracts amount to NOK 1,400,000,000 = SGD 313,651,800

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Two valentine's day gifts in one night.

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STX OSV SECURES CONTRACT FOR ONE OFFSHORE SUBSEA CONSTRUCTION VESSEL FOR FARSTAD SHIPPING

Singapore, 14 February, 2013 – STX OSV Holdings Limited (“STX OSV”), one of

the major global designers and shipbuilders of offshore and specialized vessels, is

pleased to announce that it has secured a new contract for the design and

construction of one Offshore Subsea Construction Vessel (“OSCV”) for Farstad

Shipping (“Farstad”).

This newbuilding, designed for subsea and IMR (Inspection, Maintenance and

Repair) operations, is part of Farstad’ Shipping’s fleet development within the

subsea market. The value of the contract amounts to approximately

NOK 800 million.

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Strongholders will be rewarded handsomely very soon.

evildd ( Date: 14-Feb-2013 17:34) Posted:

any advise so far?

Peter_Pan ( Date: 07-Feb-2013 13:24) Posted:

Wait lor unless you play contra or margin

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Valentine's Day gift from STXOSV!?!

cheerstan2002 ( Date: 14-Feb-2013 20:40) Posted:

Yes, I agree this is really good news ..

NOK 600millions is about $135million... sounds very very good!

Actually I believe STX OSV will win more and more contract becos of its niche market and now partnership with Fincantieri Oil & Gas S.p.A.will make it more visible in Europe ..

Hopefully, it will chiong UP to at least 1.3 in near term and then inching upward towards 1.5 after the cash offer lapsed on the 13 March 2013 ...

Cheers!

Peter_Pan ( Date: 14-Feb-2013 17:12) Posted:

STX OSV SECURES CONTRACT FOR ONE OFFSHORE SUBSEA CONSTRUCTION VESSEL FOR SOLSTAD OFFSHORE

Singapore, 14 February, 2013 – STX OSV Holdings Limited (“STX OSV”), one of

the major global designers and shipbuilders of offshore and specialized vessels, is

pleased to announce that it has secured a new contract for the design and

construction of one Offshore Subsea Construction Vessel (“OSCV”) for Solstad

Offshore. The value of the contract is approximately NOK 600 million.

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Nevertheless, because most claims are filed online, the blizzard that slammed the East Coast appeared to have little effect on the broader claims data.

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WASHINGTON (MarketWatch) - The number of Americans who applied last week for new jobless benefits fell sharply, though it's unclear whether part of the drop stemmed from the huge snowstorm that battered the Northeast. Applications for initial unemployment benefits sank 27,000 to a seasonally adjusted 341,000 in the week ended Feb. 9, the Labor Department said Thursday. Economists surveyed by MarketWatch expected a much smaller drop to 360,000 from a revised 368,000 in the prior week. Claims are now just slightly above a five-year low. The government had to use estimates last week for two states, Illinois and Connecticut. State employment offices in Connecticut were closed after several feet of snow fell. The average of new claims over the past month, meanwhile, edged up by 1,500 to 352,500. The four-week average reduces seasonal volatility in the weekly data and is seen as a more accurate barometer of labor-market trends. Also, Labor said continuing claims decreased by 130,000 to a seasonally adjusted 3.1million in the week ended Feb. 2. Continuing claims reflect the number of people already receiving benefits. Labor revised initial claims from two weeks ago up to 368,000 from an original reading of 366,000, based on more complete data collected at the state level.

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WASHINGTON (MarketWatch) - The number of Americans who applied last week for new jobless benefits fell sharply, though it's unclear whether part of the drop stemmed from the huge snowstorm that battered the Northeast. Applications for initial unemployment benefits sank 27,000 to a seasonally adjusted 341,000 in the week ended Feb. 9, the Labor Department said Thursday. Economists surveyed by MarketWatch expected a much smaller drop to 360,000 from a revised 368,000 in the prior week. Claims are now just slightly above a five-year low. The government had to use estimates last week for two states, Illinois and Connecticut. State employment offices in Connecticut were closed after several feet of snow fell. The average of new claims over the past month, meanwhile, edged up by 1,500 to 352,500. The four-week average reduces seasonal volatility in the weekly data and is seen as a more accurate barometer of labor-market trends. Also, Labor said continuing claims decreased by 130,000 to a seasonally adjusted 3.1million in the week ended Feb. 2. Continuing claims reflect the number of people already receiving benefits. Labor revised initial claims from two weeks ago up to 368,000 from an original reading of 366,000, based on more complete data collected at the state level.

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WASHINGTON (MarketWatch) - The number of Americans who applied last week for new jobless benefits fell sharply, though it's unclear whether part of the drop stemmed from the huge snowstorm that battered the Northeast. Applications for initial unemployment benefits sank 27,000 to a seasonally adjusted 341,000 in the week ended Feb. 9, the Labor Department said Thursday. Economists surveyed by MarketWatch expected a much smaller drop to 360,000 from a revised 368,000 in the prior week. Claims are now just slightly above a five-year low. The government had to use estimates last week for two states, Illinois and Connecticut. State employment offices in Connecticut were closed after several feet of snow fell. The average of new claims over the past month, meanwhile, edged up by 1,500 to 352,500. The four-week average reduces seasonal volatility in the weekly data and is seen as a more accurate barometer of labor-market trends. Also, Labor said continuing claims decreased by 130,000 to a seasonally adjusted 3.1million in the week ended Feb. 2. Continuing claims reflect the number of people already receiving benefits. Labor revised initial claims from two weeks ago up to 368,000 from an original reading of 366,000, based on more complete data collected at the state level.

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WASHINGTON (MarketWatch) - The number of Americans who applied last week for new jobless benefits fell sharply, though it's unclear whether part of the drop stemmed from the huge snowstorm that battered the Northeast. Applications for initial unemployment benefits sank 27,000 to a seasonally adjusted 341,000 in the week ended Feb. 9, the Labor Department said Thursday. Economists surveyed by MarketWatch expected a much smaller drop to 360,000 from a revised 368,000 in the prior week. Claims are now just slightly above a five-year low. The government had to use estimates last week for two states, Illinois and Connecticut. State employment offices in Connecticut were closed after several feet of snow fell. The average of new claims over the past month, meanwhile, edged up by 1,500 to 352,500. The four-week average reduces seasonal volatility in the weekly data and is seen as a more accurate barometer of labor-market trends. Also, Labor said continuing claims decreased by 130,000 to a seasonally adjusted 3.1million in the week ended Feb. 2. Continuing claims reflect the number of people already receiving benefits. Labor revised initial claims from two weeks ago up to 368,000 from an original reading of 366,000, based on more complete data collected at the state level.

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Smart monies are coming in to buy the dip. Look for more M&As.

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FRANKFURT (MarketWatch) — The euro-zone economy fared even worse than expected in the final three months of 2012, with a steeper-than-expected drop in gross domestic product keeping prospects alive for a further rate cut by the European Central Bank despite that recent signs the downturn had bottomed.

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Euro Zone 2012: Not a Single Quarter Showing Economic Growth

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U.S. stock futures fell, signaling the Standard & Poor’s 500 Index will retreat from the highest level since October 2007, as economies in the euro region and Japan contracted more than forecast in the fourth quarter.