Banks take over distressed Bourbon Corporation

A consortium of French banks takes over the assets of struggling Bourbon Corporation, a court in Marseilles ruled on Monday. As such, the De Chateauvieux family loses control of the company.

Photo: PR/Bourbon Offshore

Struggling company Bourbon, which has one of the world's largest fleets of offshore service vessels, will be taken over by its banks.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Tanker companies pay out massive dividends

Hafnia, Torm, Norden and Scorpio Tankers have seen big profits this year in a strong tanker market, which has been highly affected by Russia’s war in Ukraine. The carriers are now sending record-high dividends out to stakeholders.

Further reading

Related articles

Latest news

See all jobs