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Bourbon Sells Three Vessels

Maritime Activity Reports, Inc.

October 18, 2013

Bourbon announces that it sold three vessels, including a tug, an MPSV (Multi-Purpose Supply Vessel) from the Subsea Services fleet and a PSV (Platform Supply Vessel), for an approximate total amount of $38 million, generating a total capital gain of approximately $18 million.


These three traditional diesel propulsion vessels, 10, 14 and 21 years old, respectively, are now in the possession of and operated by their new owners.


According to Bourbon, these three separate sales fall within the company's strategy to build its fleet with modern ships, built in series and equipped with diesel-electric propulsion systems, to offer clients the service quality of a standardized fleet of modern and efficient vessels.

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