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
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
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
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.
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
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 ofby Jim McCaul 12 June 2019
US crude inventory continues to build. The latest EIA survey shows 486 million bbls in inventory as of 7 June -- 8% above the five year average inventory level for this time of year. 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 continuing inventory build is spooking the market, driving fears of a significant drop in crude prices.
OPEC+ output curtailment, tightening of Iran sanctions and escalation of Mideast tensions had been providing support for crude prices since the beginning of the year. But concerns about inventory build and slow down in future oil demand growth have sent market sentiment south.
As of 12 June Brent is trading around $60 -- down from $72 same time last month. WTI crude, the US oil pricing benchmark, is trading at a $9 discount to Brent, reflecting the continuing logistics bottlenecks in getting growing US tight oil production to market.
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.
June 13, 2019
Brazil's oil regulator ANP announced on Thursday preliminary rules for a major oil…
June 12, 2019
Australian-based engineering firm Worley said it has entered into a 50:50 joint venture…
June 11, 2019
Project partners have taken the investment decision for the second phase of the Mero…
Despite rising supply risk, crude prices have shown remarkable resilience. Oil prices have trended in the low to mid $70s over the past month. Even an attack on several tankers outside the Strait of Hormuz failed to jolt the oil market. Expectation that OPEC+ will offset Iranian oil exports and continuing strong global oil demand growth has provided pricing support -- thus far. Meanwhile, two floater projects moved to the development stage.
June 18, 2019
Energy major Total said its new supercomputer - which has propelled it to a world ranking as the most powerful computer in…
June 18, 2019
Ireland's offshore Oil and gas company Providence Resources has again pushed back a deadline to receive $9mln of funding from Apec…June 18, 2019
Oilfield services firms C&J Energy Services and Keane Group, said that they will merge in an all-stock deal valued at about $1.8 billion.C&J Energy…