Bourbon Offshore must choose between two rescue plans

One of the world's largest offshore shipping companies, France's Bourbon Offshore, has received two different offers to rescue the crisis-stricken and debt-plagued company. But the board is not at this point able to decide which is best, and one offer is set to expire already a week from now.

by TOMAS KRISTIANSEN

French debt-ridden offshore shipping company Bourbon Offshore has, after a protracted process, received two concrete offers, each aimed at saving the company, which – like many of its competitors – has been knocked to the ground by the sliding oil prices.

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Bourbon Offshore must choose between two rescue plans

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An offshore vessel costs less than half a million USD

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Bourbon Offshore expects low rates into 2019

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Front page now

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Will the world come to need 12 million barrels of oil a day?

Poseidon Principles align with IMO climate targets

Royal Arctic Line's chief executive steps down

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Further reading

Carriers go their separate ways on climate quotas

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

Will the world come to need 12 million barrels of oil a day?

Russia takes more risks by increasing shipping on Arctic route

Jobs