Oceanteam Shipping ASA (OTS) has concluded a refinancing of the two offshore construction vessels, CSV Bourbon Oceanteam 101 and CSV Southern Ocean, with SpareBank 1 SMN, DVB Bank SE and NIBC Bank N. V. The vessels are owned 50/50 with Bourbon Offshore Norway AS. “We are pleased with the refinancing of two of our prime [...]
An international player in offshore oil and gas marine services, BOURBON, based in France, has secured bank loans to finance the growth of its fleet. Spurred by an increasing world market oil demand, BOURBON decided to invest massively in a new large series of new generation vessels.
Bourbon Clear, the second in a series of four platform supply vessels of PX105 design from ULSTEIN was delivered to Bourbon Offshore from Zhejiang Shipbuilding in China on 31 May. The vessel features an overall length of 88.8m, breadth of 19m, DWT of 4250T, and maximum speed of 15.5 knots. Bourbon Clear is designed with [...]
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On March 28, 2012, China’s leading private shipbuilding company SINOPACIFIC Shipbuilding Group’s Zhejiang Shipbuilding Co., Ltd. held a grand naming ceremony for its first self-designed and the world’s most advanced small AHTS offshore support vessel(OSV) – SPA 80 Diesel Electric DPII 80mt AHTS. It was named BAHTERA MULIA and delivered to French shipowner BOURBON. Liberty [...]
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Bourbon Offshore Norway AS, a fully integrated offshore supply ship owning company announces that the company has secured contract extensions for two of its offshore vessels. AHTS Bourbon Crown has been extended with charterer Exxon Angola for two months. The current contract will then expire at the end of this year. In Norway, Statoil has [...]
February 15, 2012 | Posted in
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In the fourth quarter of 2011, BOURBON posted revenues totaling 273.1 million euros, up 23.4% (same percentage increase at constant exchange rate) compared with the same period in 2010, boosted by the commissioning of 39 new vessels and the gradual improvement in utilization and daily rates. Compared with the third quarter of 2011, BOURBON’s [...]
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BOURBON opens a new affiliate in Saint Petersburg, Bourbon Baltic, which will provide clients with first-class ship management resources. It complements BOURBON’s current operations in Sakhalin. Global leader in offshore oil and gas marine services, BOURBON opens Bourbon Baltic, an affiliate based in Saint Petersburg, Russia, to optimize vessel crew recruitment and continue offering [...]
December 16, 2011 | Posted in
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BOURBON Offshore has ordered over one hundred engines and generator sets from Caterpillar Marine Power Systems for anchor handling tug and supply vessels currently being constructed in China. 60x Cat® 3516C diesel electric propulsion (DEP) engines will be packaged with Kato generators for twenty anchor handling tug supply (AHTS) vessels with eighty-ton towing capability. BOURBON has [...]
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BOURBON today announces that in the third quarter of 2011, the company’s revenues totaled 252.2 million euros, up 14% (+20% at constant exchange rate) over the same period in 2010, buoyed by the steady improvement in daily rates and the good performance of shallow water offshore vessels. Compared with the second quarter of 2011, BOURBON [...]
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Upon expiry of Bourbon Eko’s current contract, ConocoPhillips has awarded Bourbon Offshore Norway a new contract, at market levels for medium PSV with Rescue, until end Sept. 2012 + options. The end of this new contract is in line with the delivery of several new builds to the same Charterer. Bourbon Offshore Norway AS [...]