Marine Log

March 31, 2006

Bourbon splashes out in India

In a Bombay Stock Exchange announcement, India's Bharati Shipyard Ltd. says that it has won an order from Bourbon Supply Investissements, France for export of five 120 ton Bollard Pull Anchor Handling Tug Supply Vessels.

Total value of these five vessels is Rs 4000 million--or nearly $90 million.

As discussed in our March digital edition, Bourbon has just announced a massive expansion plan--Horizon 2010--which is based on series production of advanced vessels in India and China.