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.

Learn more »

Recent Articles

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

Crude Oil Inventory

The excess crude inventory build between October 2014 and March 2017 has been eliminated.

Survey results by the US Energy Information Administration show a 23% decline in US crude inventory over the past sixteen months -- from 535 million bbls at the end of March 2017 to 414 million bbls as of 10 August 2018 (excluding stocks in the Strategic Petroleum Reserve).    

While the EIA inventory survey covers only the US market, the survey results are considered more reliable than international estimates and are often used as a surrogate for world crude inventory trends.

The EIA in its latest weekly report said "U.S. crude oil inventories are about 1% above the five year average for this time of year."  

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

July 2018 Monthly Floating Production Systems Report

July 2018 Monthly Floating Production Systems Report

Oil prices continue in the $70s, excess crude inventory has been eliminated, supply constraints loom – but upstream investment remains soft. Despite the reviving crude market, many operators are not yet increasing their spending on capital projects -- though even in this soft environment several production floater contracts moved forward over the past month. SBM received a FEED contract for the Liza 2 project that will morph into an EPC contract.

Download

Floating Production News

Shipbuilding: Oman Drydock CEO Aims to Triple Revenue by 2021

August 16, 2018

Said bin Homoud Al Maawali, CEO, Oman Drydock Company (ODC) means business when he…

Woodside Petroleum Half-year Profit Rises

August 15, 2018

Australia's Woodside Petroleum Ltd said on Wednesday that its first-half net profit…

Aker Solutions to Supply Umbilicals for Liuhua FPSO

August 15, 2018

Aker Solutions said it has been contracted to deliver power umbilical systems to…

Energy News

Seabed Geosolutions Wins GoM Extensions

August 16, 2018

Seabed Geosolutions, a joint venture between Fugro and CGG, has secured an extension to a recently awarded 4D ocean bottom…

U.S. Energy Chief Applauds Mexico's Plan to End Fuel Imports

August 16, 2018

U.S. Energy Secretary Rick Perry praised the goal set out by Mexico's incoming president to end massive gasoline and diesel imports…

Swiss Utility in Talks to Buy LNG from Canada's Goldboro Project

August 16, 2018

Axpo, a Swiss utility and energy trader, said on Thursday it was in talks for a 10-year supply deal with a Canadian company…