Board of Directors March 21, 2014
Decisions taken by the Board of Directors March 21, 2014.
Proposed bid for shares in BOURBON
Proposed bid for shares in BOURBON by JACCAR Holdings.
BOURBON Full Year 2013
Net Income Group share up 174% to €115 million. Increased operating margin1 and capital gains generated €575.7 million EBITDA, up 41.7% compared to 2012.
Delivery of the 1st Explorer 500 and the 100th Liberty
BOURBON strengthens its standardization strategy taking delivery of its 1st Explorer 500 and its 100th Liberty.
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.