S.D. Standard Drilling secures PSV contract

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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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