About Us

About us
Standard Supply was established and listed on Euronext Growth in 2022 in order to capitalize on the improving market for Platform Supply Vessels (“PSVs”). During 2022 the Group acquired two vessels and increased its ownership over five mid-sized PSVs. At year end 2022 the Group owned nine PSVs, three large-sized and six mid-sized.

In 2023 the Group took advantage of the improved market conditions and sold eight vessels completing the sale of the final vessel on 3rd April 2024. Excess cash from operations and the sale of vessels have been distributed to the shareholders, with total distributions reaching NOK 1.2 billion since incorporation, roughly 140% of the IPO price of the Group.

The Group will continue to evaluate opportunities to maximize its remaining value.

Standard Supply AS is owned c. 53% by S.D. Standard ETC Plc (“SDSD”).

Management

Eldar Paulsrud

CEO & CFO

Paulsrud holds a Masters’ degrees in economy, auditing and accounting from NHH, Norwegian School of Economics and is Controller in the Ferncliff Holding Group. He has previously held the position as Senior Corporate Analyst at DNB and has also held various roles in PwC, including as Senior Manager.

Board of Directors

Espen Lundaas

Chairman of The Board

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In addition to his role as Director of the Board, Lundaas serves as CFO of Ferncliff TIH AS.
Lundaas has broad offshore and shipping experience, both from engagement in SD Standard ETC Plc and through investments in the Ferncliff Group. He holds a Master of Business and Economics from the Norwegian School of Management with major in finance.
Lundaas is a Norwegian citizen and resides in Oslo, Norway.

Espen Landmark Fjermestad

Director

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Fjermestrand holds a Master of Science from Copenhagen Business School and is the Head of Investments in Standard ETC. He has previously held the position of Head of research at Fearnley Securities and held positions at Storebrand Kapitalforvaltning.