Bourbon selling two anchor handlers

Bourbon has agreed to sell two 10-year-old, Norwegian-built anchor-handling supply tugs for a total of $130 million.

Offshore staff

MARSEILLE, FranceBourbon has agreed to sell two 10-year-old, Norwegian-built anchor-handling supply tugs for a total of $130 million. This represents a gain to the company of around $63 million.

It will continue to operate theBourbon Surf and Bourbon Borgstein for up to five more years, with an annual bareboat charter cost of 13% of the transaction value.

Bourbon says its strategy isto refocus its fleet on modern fuel-efficient ships built in series.

11/15/2013

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