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S.D. Standard Drilling secures PSV contract

S.D. Standard Drilling has secured a contract from energy logistics firm Peterson for platform supply vessel Standard Viking.

The vessel has commenced on a one-year term charter with Peterson with the option to extend the term with 1+1 year at increased rates. The commercial terms of the contract were not disclosed.

S.D. Standard Drilling currently has ownership in 16 PSVs, with two of them in warm lay-up and being marketed for new opportunities.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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