S.D. Standard Drilling Plc ("SDSD") - Commencement of 1 year term contract for "Standard Viking"
Monday, 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.

For more information, please visit: http://www.standard-drilling.com

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