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Bourbon has now stacked more than 100 offshore vessels

The low investment level in the oil sector continues to strain offshore carrier Bourbon. Declining revenue and fewer jobs in 2016 have caused the carrier to idle another 27 vessels. The company now has a total 104 vessels stacked.

Photo: PR-foto: Bourbon
BY NIKLAS KRIGSLUND, SHIPPINGWATCH

Even though the oil price is starting to stabilize, times are still tough for companies which make a living from servicing the oil sector.

Major French offshore carrier Bourbon has published its  annual report for 2016 showing that there is still far too little work for the carrier's large fleet of offshore service vessels.

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