Standard Drilling’s platform supplier starts Peterson gig

  • Business & Finance

One of three large S.D. Standard Drilling’s (SDSD) platform supply vessels (PSVs) has begun a one-year term charter with energy logistics provider Peterson.

The vessel owner said on Monday that the vessel in question was the PSV Standard Viking.

According to SDSD, Peterson has the option to extend the term charter by two one-year deals at increased rates. The two companies agreed to keep the commercial terms of the charter private and confidential.

AIS data currently pinpoints the vessel in the port of Aberdeen where it arrived on Sunday from Triton.

The vessel was formerly known as the Volstad Viking, and bought by SDSD as a part of an acquisition of three ST-216L CD PSVs Volstad Viking, Volstad Supplier and Volstad Princess from Volstad Shipping in January.

All three vessels are large PSVs built at Aker Brattvaag in Norway with 1,060 square meters of deck space and equipped with ice class (ICE- 1B) capabilities. The vessels were acquired for a total en-bloc consideration of $40 million.

Offshore Energy Today Staff

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