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    Bourbon embarks on new strategic plan - to invest in newbuilds for shallow water

    News // March 2, 2006

    Bourbon Offshore is to invest in new AHTS and new GPA 654 PSVs.

    Bourbon in France has announced that it has competed its 2003-2007 strategic plan a full year ahead of schedule, and has embarked on a new strategic plan, 'Horizon 2010', in which it plans to invest 1.45 billion Euros in new vessels.

    During the 2003-2007 plan, the company successfully refocussed its activities exclusively on the marine sector, and achieved 15 per cent annual growth in revenues from marine activities.

    As of the end of 2006, Bourbon Offshore will have a fleet of 53 supply vessels and 39 crewboats.

    The new strategic plan will see Bourbon Offshore acquire a new class of 58m, diesel electric, shallow water anchor handler, the GPA 254 class, which will have a deadweight of 1,400 tonnes, bollard pull of 80 tonnes and 4,000bbl/660m3 of liquid mud. With azimuthing propellers, the new class of AHTS will have a pair of 750hp bow thriusters, and will be DP2 classed vessels.

    Bourbon Offshore will also invest in a new class of 58m shallow water PSV, the GPA654 class, which, at 58m and 1,600 tonnes deadweight, will carry 4,000bbl/660m3 of liquid mud. These vessels will also be DP2 diesel electric ships, with a pair of 750hp bow thrusters.

     

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