Bourbon Reports Growth

Thursday, August 09, 2007
Bourbon said sales for the first half amounted to $511m, up 29.7 percent versus $394.5m a year earlier, driven by sharp growth in offshore and bulk operations. At constant exchange rates, growth would have been 38.5 percent. Revenues for the offshore division came to $319m at end-June, up 28.3 percent, while bulk operations posted sales of $161.9m, representing 42.9 percent growth.

In the second half, the offshore division should continue to benefit from a buoyant market and make the most of 25 new vessels entering service - five supply and 20 crew boats, Bourbon said. The bulk division should profit in the second half of the year from the high freight levels noted in the first half of 2007, the company said. Source: Thompson FInancial

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Hermes Unit, Canadian Fund to Buy $2.4B Stake in UK Ports Group

The Canada Pension Plan Investment Board (CPPIB) and Hermes Infrastructure are prepared to buy a 30 percent stake in Associated British Ports for about 1.6 billion pounds ($2.

Baltic Sea Freight Index Up on Higher Capesize Rates

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Tuesday, mostly on higher capesize rates.   The index,

Direct Le Havre to Charleston LCL Import Service

CaroTrans has announced the addition of an expedited Le Havre, France to Charleston LCL import service.    This is the only direct, weekly Le Havre to Charleston LCL service available in the market.

Coast Guard

WaPo: Two German CEOs Launching Own Mediterranean Rescue

The Washington Post has a story today about two German men who are launching their own rescue mission to save migrants crossing the Mediterranean.   Harald

All American Marine Delivers Ferry to Seattle

All American Marine, Inc. (AAM) today announced the delivery of a new passenger ferry that will serve the city of Seattle.    The vessel, MV Sally Fox, was dedicated

H2O’s Owens CrapZapper Offers More

H2O’s Owens CrapZapper marine sanitation device has dual certification to the latest IMO and USCG standards for operation anywhere in the world.   Features include low maintenance,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1335 sec (7 req/sec)