A plan by owner Jacques de Chateauvieux and his family to save his restructuring offshore support vessel (OSV) owner Bourbon has been thwarted by creditor ICBC Financial Leasing.
A takeover by banks now looks the likely option, with the French family set to lose control of the shipowner, which has more than 400 vessels.
Holding company Bourbon Corp and subsidiary Bourbon Maritime had been the subject of four takeover offers as part of its reorganisation proceedings at Marseilles commercial court, which has now evaluated all of them.