Read Authentic Ratings for the Kazanin-Explorer

In a significant move to streamline its operations, BOURBON has officially announced the sale of two prominent Anchor Handling Tug Supply (AHTS) vessels, Bourbon Borgstein and Bourbon Surf. These Norwegian-built ships, both 10 years old, were sold for a combined total of USD 130 million, generating an impressive capital gain of around USD 63 million. According to the company's press release, BOURBON will continue to operate these vessels for a period ranging from two to five years, with an annual bareboat charter rate set at 13% of the overall transaction value. This strategic sale is part of BOURBON's ongoing commitment to enhancing its fleet by emphasizing modern, fuel-efficient vessels designed for optimal performance. The focus on a standardized fleet aims to meet the high standards expected by their diverse clientele.