Bourbon is looking to new financiers in a bid to keep a new strategic plan moving.
In April, the Jacques de Chateauviex-led offshore shipping company secured a waiver to delay payments for a year in the face of EUR 1.12bn ($1.28bn) of outstanding loans and mounting losses.
But the company said Friday afternoon that there has been no renewal on that general waiver and that it is moving forward with conciliation procedures in the commercial court of Marseilles involving 22 corporate subsidiaries.
