BOURBON Annual & 4th Quarter 2013 Revenues
Revenues up 10.5% vs. full year 2012 to €1.312 billion and up 6.0% vs. 4th quarter 2012 to €331.6 million impacted by US Dollar depreciation against the Euro
In line with its strategy, BOURBON achieves US$ 770 million of vessel sales in 2013
BOURBON sells 12 additional vessels to ICBC Financial Leasing for US$ 378 million and concludes a new sale and bareboat charter agreement with Standard Chartered Bank for US$ 150 million.
The 1st series of seismic support vessels
BOURBON and CGG, partners in innovation: the first series of seismic support vessels has already achieved success. Equipped with hybrid propulsion, the Bourbon Petrel and the Bourbon Fulmar are now operating in the Black Sea and Northern Europe.
Sale of 2 vessels for a total amount of US$130 million
BOURBON continues its policy of modernizing and standardizing its fleet by the sale of two vessels for US$130 million, generating capital gains of approximately US$63 million.
BOURBON 3rd Quarter 2013 Revenues
Signs of continued improvement in offshore vessel demand.
Revenues up 8.6% vs. 3rd quarter 2012 and up 12.2% vs. first nine months 2012 partly as a result of contract renewals at improved rates.
Sale of 3 vessels for a capital gains of US$ 18 million
BOURBON continues its policy of standardizing its fleet.
The sale of 3 vessels generated capital gains of approximately US$ 18 million.
Update on the “Transforming for beyond”
Update on the “Transforming for beyond” action plan. The first 9 vessels are sold and bareboat chartered.
Bourbon Offshore Norway celebrates 10 years of innovative services
Back in 2002, BOURBON decided to gain access to the North Sea market by taking a share in a publicly listed Norwegian offshore company.
First Half 2013: Solid results in a steady market
Revenues up 14.1% vs. first half 2012 as a result of increasing daily rates overall and a high average utilization rate.
Bourbon Subsea Services – a solution finder for the Asian offshore market
As part of its Subsea Services Activity in Asia, BOURBON is currently operating locally 3 MPSVs devoted to Inspection, Maintenance and Repair (IMR) operations: the Southern Ocean in Eastern Russia, the Bourbon Supporter in Thailand, and the Bourbon Evolution 803 in Malaysia.