Bourbon Offshore expects low rates into 2019

One of the world's largest offshore carriers, France's Bourbon, was kept down by low rates in the first half of 2018. Oil companies are expected to increase investments next year, but overcapacity will suppress rates well into 2019, the company writes.

Photo: PR-foto: Bourbon

Bourbon Offshore is still struggling with a stagnant market for offshore sector service vessels.

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