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 9 October 2019
The attack on Saudi oil production facilities had a short lived impact on oil prices. Fears of supply disruption have been overtaken by concern about future oil demand growth.
Brent as of 9 October is trading around $58.50, down ~15% from the high following the attack on 14 September.
Reports that Saudi production has been brought back to pre-attack levels -- which may not be totally true -- have calmed fears of supply disruption. Meanwhile the global economy is looking shakier and fears of slowing crude demand growth are driving market sentiment.
Contributing to negative sentiment are recent increases in US crude inventory. The EIA reported an increase in crude inventory during the week ending 4 October -- the fourth week in a row where inventory grew. Despite the recent increases, US crude inventory remains at the five year average for this time of year.
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.
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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October 18, 2019
Brazilian state-run oil firm Petroleo Brasileiro SA posted a significant production…
October 18, 2019
South Korean shipbuilder Hyundai Heavy Industries (HHI) has obtained DNV GL's approval…
October 17, 2019
Woodside Petroleum Ltd has pushed out the final approval date for its mammoth Browse…
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.
October 18, 2019
An Aberdeen-based company has created a lessons learned management system that captures critical project data and helps inform…
October 18, 2019
How employers in the energy sector can address the labor shortageEarlier this year, the U.S. Department of Labor released data showing that the U.S.
October 18, 2019
Freight rates eased further on Friday, especially for the largest oil tankers, promising some recovery for West African oil…