Offshore crisis sent Bourbon tumbling in 2015

The French offshore carrier exited 2015 with a deficit in spite of a slight increase in revenue. Many newbuildings will enter an already ruthless market with extremely low rates, warns the company, one of the world's largest offshore carriers.

BY DANIEL LOGAN BERG-MUNCH

In 2015 Bourbon took a severe blow from the all-time low offshore market which since the complete collapse of the oil price has put massive pressure on players in every crevice of the sector.

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