Delivery of the Molitor
Following the first two new generation Supramax bulk carriers of 58,000 tons (Major and Tabor), Setaf Saget took delivery of the Molitor on the 19th of November 2009.
This is the third ship of this series of 10, built by the Chinese shipyard Yangzhou Dayang Shipbuilding from Sinopacific Group.
Quarterly Financial Results
Satisfactory growth (+ 16.6%) for Offshore Activity in the 3rd quarter reflecting the high vessel-utilization rate.
BOURBON revenues up 3.1% compared with 3rd quarter 2008, at 246.8 million euros.
Setaf Saget increasing its fleet of directly-owned vessels
As scheduled in the Horizon 2012 strategic plan, Setaf Saget is steadily increasing its fleet of directly-owned vessels. With the latest deliveries of the Tabor and Major, the first two bulk carriers in the series of ten 58,000-ton Supramax, and the cement carrier Endeavor, Setaf Saget now has a fleet of ten bulk...
Strong first half 2009 results
Strong first half 2009 results boosted by growth in offshore.
EBITDA up 27.9%.
Net income, group share of €82.3 million.
Resignation of a member of the Board of Directors
Resignation of a member of the Board of Directors who becomes an observer, and co-option of a new member of the Board.
First half year 2009 revenues
First half year 2009 revenues up 11.2%.
Strong growth in offshore activity of 43.1% (29.7% at constant exchange rates) over first half year 2008.
Bourbon Liberty, latest news on the 100 and 200 series
For feedback on the 100 series and the first technical tests on the 200 series, we talk to Frank Dambrin, Executive Vice President of Bourbon Offshore.
Combined Annual and Special Shareholders’ Meeting, June 3, 2009
The BOURBON Combined Annual and Special Shareholders’ Meeting took place yesterday, Wednesday June 3, at the Palais Brongniart in Paris, and was chaired by Mr. Jacques de Chateauvieux.
1st quarter 2009 financial information
1st quarter revenues up 12.8% and strong growth of the Offshore activity up 47.7% (+36% at constant exchange rates) compared with the 1st quarter of 2008.
2008 annual results
Strong growth and robust earnings in 2008.
Revenues increase 21% to €931.3m.
EBITDA of €351m.
Net income, group share of €224.4m.