A $320m move to combine gas shipping assets controlled by Jaccar Holdings and listed offshore support vessel owner Bourbon has benefits on both sides of the deal, Jacques de Chateauvieux says.
Bourbon yesterday announced the move at a time when its core offshore market has been hit by the collapse of the global oil price.
de Chateauvieux tells TradeWinds public offshore marine services companies such as Bourbon become proxies for the oil price.
“When