Bourbon Front, a next-generation supply vessel
Bourbon Front, a BOURBON next-generation supply vessel, on its way to North Sea. Efficient design choice through maximum cargo flexibility, wet exhaust system, inverted bow and diesel-electric propulsion to provide client satisfaction.
First Half 2011 results
Significant recovery in activity: +18.8%.
Sharp increase in EBITDA (+19.3% sequentially) to 142.1 million euros.
Net loss, Group share of 21.4 million euros owing to the change in the dollar exchange rates, generating 30.5 million euros in net financial expenses.
Second Quarter 2011 revenues
An increase of utilization rate up to 84.7% in a recovering offshore market.
+18.8% growth in half-year revenues to 482.7 million euros at current exchange rates.
CGGVeritas signs a marine charter agreement with BOURBON
CGGVeritas signs a fixed five-year marine charter agreement with BOURBON for six new seismic survey support vessels.
Excellence in training to enhance customer satisfaction
The BOURBON Training Centers: an integrated global network.
General Meeting of the Board of Directors of June 1, 2011
Combined General Meeting and decision of the Board of Directors of June 1, 2011.
Deepwater Asia Congress 2011
"Deepwater activities require new efficient and highly specified Offshore Supply Vessels".
First Quarter 2011 revenues
The recovery expected in the 4th quarter of 2010 was confirmed in the 1st quarter of 2011.
Q1 2011 revenues up 23.8% year-on-year and up 6.4% over the previous quarter.
Annual results 2010
Despite challenging conditions, the resilience shown by a 2010 EBITDA of 240.9 M€, validates the pertinence of BOURBON’s strategy Net income, group share of 39.2 M€.
BOURBON “Shipowner of the Year 2010”
BOURBON is named "Shipowner of the Year 2010" by the Offshore Support Journal.