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

Floating Production Sector Continues to Rebound

February 1, 2020

Jim McCaul — Activity in the deepwater sector took a huge hit in the second half of last decade as a result of a global oil demand/supply imbalance, downturn in oil prices, hiatus in Petrobras production

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

Oil Prices Down More Than 20% from Early January due to Coronavirus Scare -- Jim McCaul 26 Feb 2020  

The continued spread of the coronavirus outbreak is creating supply chain disruptions and global economic slowdown.   Oil demand has declined as a result, driving oil prices down.  Brent spot crude, which traded around $70 in early January, is now trading around $53.   

No major impact yet on upstream spending plans.   This could change if the virus spread continues at a fast pace and market sentiment further declines.

Meanwhile, US commercial crude oil inventory, a figure often used as a surrogate for measuring global oil inventory balance, has been building since mid-January.  As shown below crude inventory has increased each week over the past five weeks.  But despite the build, US inventory remains 3% below 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

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

Bumi Armada to Appeal Ruling in FPSO Case with Woodside

February 27, 2020

Malaysian FPSO leasing company Bumi Armada will appeal a recent court decision in…

Eni Boosts Agogo Field Reserves Estimate to Over 1 Billion Barrels

February 27, 2020

Italian oil company Eni has upgraded its resource estimate for the Agogo field offshore…

Keppel Breaks FPSO Conversion Record

February 26, 2020

Singapore's offshore facilities builder Keppel has said it has delivered "the world’s…
February 2020 Monthly Floating Production Systems Report

February 2020 Monthly Floating Production Systems Report

The coronavirus crisis has sharply cut oil demand in China, sending oil prices down more than 15% from the beginning of the year, threatening offshore capex plans. Meanwhile new production floater orders keep flowing. Modec booked a major FPSO contract at end-January, increasing its order backlog to a record eight FPSO contracts being simultaneously executed. The latest FPSO, destined for Equinor’s Bacalhau (formerly Carcará) field in Brazil…

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Energy News

NYK Focuses on Ammonia as Marine Fuel

February 27, 2020

Japan-based shipping giant NYK has presented its concept for using ammonia as a marine fuel or zero-emission ships as part…

Blount Named CEO at BCCK

February 26, 2020

Midland, Texas-based engineering, procurement and construction (EPC) firm BCCK, Inc. said its founder, Clark Butts and its…

WFO Launches Floating Offshore Wind Committee

February 26, 2020

Global industry advocacy group World Forum Offshore Wind (WFO) has created a new working group - the Floating Offshore Wind…