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Bourbon's comprehensive restructuring delayed by offshore crisis

The rescue of strained Bourbon was supposed to be settled this summer, but the corona pandemic and a depressed market have delayed the process. The company expects to cross the finish line soon.

Photo: Bourbon
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A protracted rescue plan for French offshore supply company Bourbon continues to drag out.

Originally, the plan was to settle work on the rescue plan this summer for Bourbon, which owns one of the biggest fleets of offshore vessels in the world and kicked off work on the restructuring last year, when several creditors took over ownership of the company.

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