Bourbon, International leader in marine services for modern offshore

"BOURBON 2015 Leadership Strategy" consists in further investing in innovative and cost effective vessels to satisfy customers’ increasing focus on safe and efficient vessels to support their offshore activities, and to enable them to reduce their overall operation costs. By adding 80 supply vessels and 64 crewboats through a 2 billion US$ investment plan in new buildings, BOURBON will be operating a fleet of 600 vessels for deepwater and shallow water logistics services by 2015.

Based on the existing fleet and the delivery of new vessels including those built under the new investment plan, BOURBON’s key financial and operational objectives can be summarized as follows:

For the period from 2011 to 2015:

• A new building investment of US$ 2 billion in offshore vessels
• Average growth in offshore revenues of 17% per year
• A minimum of a 95% availability rate for vessels in 2015

And in 2015 :

• A ratio of EBITDA to revenues of 45%
• A ratio of EBITDA to capital employed of 20%
• A decline in BOURBON’s operating costs of 4% by the year 2015 (at constant exchange rates).

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