S.D. Standard Drilling Announces Commencement Of 1 Year Term Contract For "Standard Viking"

Announced Date :  Jul 17, 2017


Standard Viking, one of three large platform supply vessels (PSVs) wholly owned by SDSD, has commenced on a 1 year term charter with Peterson. Peterson has the option to extend the term charter with 1+1 year at increased rates. The commercial terms of the term charter remains private and confidential.
SDSD has ownership in 16 PSVs. Out of the 9 vessels marketed and managed in UK waters by Fletcher Shipping, 7 vessels (including all the 3 large vessels) are on charter with reputable charterers, whereof 2 vessels trade in a spot market which currently sees day rates above £12,000. 2 vessels are in warm-lay-up, and are both being marketed for various opportunities. 

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