Bourbon to Idle Oil-Service Vessels as Losses Widen With RoutBy
Company's net loss quadruples to 19.2 million euros in H1
As many as 35 vessels to be pulled from fleet in second half
Bourbon SA, a French supplier of ships and crew to oil and natural gas producers, is pulling as many as 35 vessels from operation in the second half of the year as overcapacity in the deepwater market leads to widening losses.
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