In February 2006, Bourbon announced the Horizon 2010 plan, a strategy based on an original vision of the market and substantial investments in a modern fleet.
In February 2008, Bourbon is announcing its Horizon 2012 strategic plan, which continues and prolongs its outlook.Ongoing analysis to anticipate changes and adapt The last Horizon 2010 strategic plan was developed at the end of 2005, in a context of strong demand from oil operators, who expressed their intention to make massive investments in offshore to extend their reserves and develop their production. BOURBON was then positioned in three marine sectors via the Offshore Division, the Towage and Salvage Division, and the Bulk Division. Two years later, two new factors, external and internal, have led Bourbon to update its strategic vision. In the offshore oil and gas market, Bourbon notes that oil and gas investments are expected to be higher than initial estimates and that growth has been slowed by bottlenecks at equipment suppliers. As a result, the investments made in oil fields are expected to be spread out over time and generate a positive extension of the production cycle.Within the group, the sale of the port towage business to the Spanish company Grupo Boluda Corporación MarÃtima, which was closed on December 21, 2007, gives BOURBON new maneuvering room in the two remaining Divisions: Offshore (which now includes the salvage business of Les Abeilles International), and Bulk transport. Facing these major changes, Bourbon has decided to update its strategic plan and enlarge it to 2012.
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