Øystein Stray Spetalen’s S.D. Standard Drilling (SDSD) has sold its 33.3% ownership in the VLCC Gustavia S it acquired in January 2020. The transaction values the vessel at $93m, with Standard Drilling receiving net proceeds of $14.1m for its equity stake in the vessel and incurring a loss of $0.8m...
https://splash247.com/sd-standard-drilling-sells-stake-in-vlcc/