Shipowner SD Standard Drilling is plotting further diversification in shipping and renewables with a cash pile of $32.7m.
The Oslo-listed company, controlled by Norwegian tycoon Oystein Stray Spetalen, has so far focused on platform supply vessels and the VLCC sector though a resale deal involving Idan Ofer and George Economou.
But in March Standard Drilling, founded in 2010 as a rig owner, spent $9.25m
