Press releases

BOURBON has been awarded the “Shipowner of the Year” award in the context of the GST & Shipping2030 conference, which was held at the end of March 2018 in Copenhagen. This award recognizes the “Smart Shipping” program that is being deployed by…

As announced in its annual results press release dated March 15, 2018, BOURBON has initiated discussions with its main financial partners, both in France and abroad, in order to balance the servicing of its debt with the expected gradual market…

The holders of Undated Deeply Subordinated Fixed to Floating Rate Bonds (the “Bonds” and the “Bondholders”) issued by the company under an initial issuance for a total principal amount of €100 million on October 24, 2014 and a second issuance of…

At its meeting held on March 14, 2018, the Board of Directors of BOURBON Corporation decided, upon proposal of the Executive Chairman and opinion of the Nominating, Compensations and Governance Committee, to separate the functions of Chairman of the…

Results that reflect a third year of cyclical downturn and a sharp increase in free cash flow • Free cash flow rose to €127.8 million, up from €64.7 million in 2016 • Net income, group share stood at -€576.3 million, including €277 million in…

2017 adjusted revenue totaled €860.6 million (consolidated revenue €793.6 million), down 21.9% from 2016 (-21.3% at constant rates), reflecting a market that remained challenging. Activity stabilized in the 4th quarter with adjusted revenue of €196.…

This partnership is part of BOURBON’s Smart shipping program, which seeks to optimize safety and reliability of vessels operations at optimum costs First application of the partnership will be real-time verification of the dynamic positioning (DP…

Please note: Revenue in the title of the release should be read adjusted revenue. Adjusted revenue for the 3rd quarter was down 12.7% (-9.2% at constant rates) compared to the 2nd quarter of 2017, still impacted by sluggish activity and…

   At its meeting held on September 4, 2017, the Board of Directors of BOURBON confirmed Jacques de Chateauvieux as Executive Chairman, and entrusted Gaël Bodénès, as Chief Executive Officer, with the responsibility of the company…

Performance still largely impacted by a continuously challenging Offshore oil and gas services market Adjusted revenue of €459.5 million, down 8.7% compared with the second half of 2016 (consolidated revenue of €419.7 million) Adjusted costs down…