Northern Supply offloads PSV pair for $6.6m

Norway’s S.D. Standard Drilling has announced that Northern Supply AS, a company in which it has an indirect ownership of 28.1%, has sold medium size platform supply vessels FS Carrick and FS Aberdour for $6.6m.

According to VesselsValue, the pair are valued at $8m although both appear to have been laid up for some time.

The transaction is expected to be completed within the next few days, leaving Northern Supply with a fleet of six vessels.

S.D Standard Drilling will have ownership, directly and indirectly, in a fleet of 10 PSVs.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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