"The plunge in the oil price has already made all of 2020 a bad business"

There is really only one way way out of the financial woes for the offshore sector and Bourbon Maritime, says Carsten Plougmann Andersen, who will play a central role in the restructuring of the French shipping company. ShippingWatch has interviewed the former Maersk Supply CEO.

Photo: Carsten Plougmann Andersen / privat

The former CEO of Maersk Supply Service, Carsten Plougmann Andersen, will play a central role on the board of directors whose principal task will be to make the world's largest offshore shipping company, French Bourbon Maritime, a profitable business again.

Or, perhaps more specifically, to make it such a good business that the six banks that last year had to take over ownership from France's Chateauvieux family can reclaim as many of their receivables as possible.

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