Bourbon loss widens as market hits 'low point'

French offshore giant Bourbon has posted a larger loss for the first half as the market sank to a 'low point'.

The shipowner said the net deficit to 30 June was EUR 87.3m ($98.2m), from EUR 3.7m in 2015.

Revenue fell to EUR 556.6m from EUR 701.3m over the same period.

The full-time equivalent number of stacked vessels, excluding crew boats, increased from 18.6