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

Brent Spikes to $69 on Saudi Attack, Settles Back to $65 as Impact Digested

by Jim McCaul  17 September 2019

It was bound to happen.   Only question was when.   

A well synchronized air attack on Saudi Aramco's central crude processing facility over the weekend badly impacted Saudi oil production.   Around 5.7 mb/d of output capability was cut off.   

Brent spiked to $69 by end of Monday trading.   WTI increased to $63.    On the futures market Brent for delivery in December 2020 jumped 3.3%.

Reports that half of the production outage had been restored or replaced by inventory drawdown calmed the market on Tuesday, removing around half the Monday price increase.   As of close of trading Tuesday Brent was trading around $65.   

At this time there is little firm information on how long rebuilding will take.   And there could be a lot more disruption to come should there be retaliation.   

Certainly the attack has demonstrated the vulnerability of Mideast crude production.

 

  


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

Report

FLOATING LIQUEFACTION AND REGASIFICATION
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.
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Floating Production News

P-68 FPSO Ready for Deployment

September 17, 2019

The newbuild P-68 floating production, storage and offloading vessel (FPSO) has left…

Kvaerner Eyes FPSO, Renewables Growth

September 16, 2019

Norwegian engineering and construction services company Kvaerner said it will ramp…

API Issues New Integrity Management Rules

September 10, 2019

The American Petroleum Institute (API) published three new integrity management (IM)…
September 2019 Monthly Floating Production Systems Report

September 2019 Monthly Floating Production Systems Report

In the September WER report we profile 48 floating regasification terminal (FSRU) projects at various stages of planning and provide our assessment of the probability of each moving forward to development. The evaluation takes into account the strength of the project promoter, infrastructure needed to support the terminal development, strength of local gas offtaker, government support for the project, stage of permitting approvals and ease of doing business in the importing country.

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Energy News

Petrobangla Gets 1st Q-Flex LNG cargo from Qatargas

September 23, 2019

Qatargas made its first liquefied natural gas (LNG) cargo delivery (LNG) on a Q-Flex vessel to the Floating Storage and Regasification…

Saudi Attacks, High Demand Leaves U.S. Short on Oil Tankers

September 20, 2019

A disruption in global oil flows following attacks on Saudi Arabian facilities has left U.S. crude exporters without enough…

Petrofac Sells Mexico Assets to Perenco

September 20, 2019

Oilfield services company Petrofac Ltd said on Thursday it would sell the remaining 51% interest in its Mexican oilfields for up to $276 million to An