BOURBON Continues Its Policy of Standardizing Its Fleet

BOURBON announces that it sold 3 vessels, including a tug, an MPSV (Multi-Purpose Supply Vessel) from the Subsea Services fleet and a PSV (Platform Supply Vessel), for an approximate total amount of US$ 38 million generating a total capital gain of approximately US$ 18 million.

These three traditional diesel propulsion vessels, 10, 14 and 21 years old, respectively, are now in the possession of and operated by their new owners.

These three separate sales fall within BOURBON’s strategy that aims to build its fleet with modern ships, built in series and equipped with diesel-electric propulsion systems, in order to offer its most demanding clients the service quality of a standardized fleet of modern and efficient vessels.

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Bourbon, October 18, 2013