International Maritime Associates, Inc.

International Maritime Associates, Inc.

International Maritime Associates (IMA) is a firm of business consultants specializing in market analysis and strategic planning for companies in the marine and offshore sectors.

We provide

  • the front-end research needed to size the available market, analyze customer requirements, benchmark market position, identify new business opportunities, evaluate market positioning options and assess potential acquisitions or strategic alliances.
  • Since formation in 1973, IMA has performed over 350 consulting assignments for clients in more than 40 countries.
  • World Energy Reports (WER) was cofounded by IMA in 2014 and focuses on multi-client analytical studies in the offshore energy sector. Based in New York, WER maintains a proprietary online database of floating production systems and publishes monthly reports on the industry.
  • WER's client base includes many of the major companies in the offshore industry.

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Recent Articles

Which FLNG and FSRU Projects Are Likely To Clear the Investment Hurdle?

February 14, 2019

Jim McCaul — IMA/World Energy Reports has just completed a twelve month detailed assessment of the floating liquefaction and regasification market. The 150+ page study examines future market opportunities

Growth in the FPSO Sector and Outlook for New Orders

February 12, 2019

Jim McCaul — Floating production storage and offloading vessels (FPSOs) are by far the most popular type of floating production system. They account for two thirds of the oil/gas production floaters now

Floater Sector Beginning to Regain Traction -- With More Than 70 Projects Awaiting the Market Upturn Signal

April 15, 2017

Jim McCaul -- Orders for production floaters have finally begun to flow.  The break came early this year when contracts for a production semi for use in the GOM and an FPSO for use off Malaysia were awarded.

Events Over the Past Two Months Have Changed the Dynamics of Domestic Energy Development

December 12, 2016

Jim McCaul -- Donald Trump’s presidential win and Republican sweep of the US government in November – along with OPEC’s oil production cuts in December -- have injected new dynamics into the US energy

Floating Production Systems Contracts Hit by Market Downturn – But the Cycle Seems to Have Bottomed

April 28, 2016

Jim McCaul -- No question that the market for new floating production systems has taken a battering. The past 12 to 18 months have been a difficult period for everyone in the business sector. Absence of

US Crude Inventory Now 2% Below the Five Year Average  --  Jim McCaul 23 Jan 2019

US commercial crude oil inventory, excluding crude in the Strategic Petroleum Reserve, in the week ending January 18 decreased by 0.4 million barrels from the previous week. At 428 million barrels, US crude oil inventories are 2% below the five year average for this time of year.

Meanwhile a growing health crises in China has superseded Mideast tensions and declining US inventory.   Oil prices have been pushed lower by fears that the spreading coronavirus in China could depress oil demand.    Brent on 23 January is trading around $62, down from $70 early in this month.   


Consulting Services

Jim McCaul

About Jim McCaul

Jim is the founder and manager of IMA, a consulting firm providing market analysis, competitive benchmarking and business planning support in the maritime and offshore sectors. Over the past 40 years IMA has performed more than 350 business consulting assignments for 170+ clients in 40+ countries.

One of the firm’s specialties is analyzing requirements for floating production systems. IMA has published more than 60 reports since 1996 analyzing this business sector and has been engaged by numerous clients to assist in analyzing specific market opportunities in the floating production sector.

Jim is also the co-founder of IMA/World Energy Reports, a New York based business intelligence service for the floating production supply chain.

International Maritime Associates, Inc.

3131 Connecticut Ave NW #2115
Washington D.C. 20008 USA


an Assessment of Future Requirements for FLNGs and FSRUs

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FLOATING LIQUEFACTION AND REGASIFICATION - An Assessment of Future Requirements for FLNGs and FSRUs

2019 Annual Outlook. Our new 150-page report is the first professional effort to systematically look at the universe of FLNG and FSRU projects in the planning stage – and categorize the likelihood of each making the development investment hurdle. Many FLNG and FSRU projects are planned – but only some will ultimately will move forward to development. The goal of our report is to objectively sort out likely winners and losers – and explain the rationale for the rating.

Floating Production News

Bumi Armada Might Appeal Woodside FPSO Case Ruling

January 28, 2020

Malaysian FPSO supplier Bumi Armada might appeal a recent ruling by an Australia…

ExxonMobil Gives Boost to Guyana Oil Reserves. Makes Another Discovery

January 27, 2020

ExxonMobil has struck another oil discovery offshore Guyana and has raised its estimate…

Permanent Deals for Monadelphous' Ichthys Workers

January 24, 2020

Australian unions have negotiated permanent contracts for 70 percent of their members…
January 2020 Monthly Floating Production Systems Report

January 2020 Monthly Floating Production Systems Report

The production floater market has continued to rebound from the depths of the 2014/16 business collapse. Fourteen production floaters were ordered in 2019 – an ordering pace that exceeded the average number of contracts placed annually over the past decade. And 2020 got off to a good start with an FPSO order on 10 January – the first of around a dozen FPSO orders expected this year. In the January report we recap the production floater orders in 2019…


Energy News

Manor to Power Borssele 1&2 OWF

January 29, 2020

UK-based marine engineering specialist Manor Renewable Energy (MRE) has signed a contract with Ørsted for the Borssele 1 & 2 Offshore Wind Farm (OWF)…

CaribX Ups Stake in Cape Licence Off Honduras

January 29, 2020

The Central American and Caribbean specialist exploration company CaribX said that it is increasing its share of the Main…

Cheniere Energy Ships 1,000th LNG Cargo

January 29, 2020

US-based liquefied natural gas (LNG) firm Cheniere Energy has produced and exported its 1,000th cargo of LNG.The Houston…