Drilling contractors and offshore service (OFS) providers should seek consolidation as soon as possible to secure their long-term future. This is one of the conclusions of Maritime Strategies International’s latest MODU Market Report. Read more in Seatrade
Author: MSI
Getting the balance right on shipping’s GHG emissions reductions
Complying with IMO’s short-term greenhouse gas (GHG) reduction strategy will not be easy, but non-mandatory measures will prove more challenging, write MSI’s David Jordan and Will Fray. Read more in Riviera
Regulation and market measures combine to reshape the shipping market- Foresight July 2021
As decarbonisation efforts, global regulation, along with the Poseidon Principles gather momentum after what has been a volatile year, even by the shipping industry’s standards, MSI thought it pertinent to publish some analysis looking at what we might achieve in the near-term.
Offshore sector needs a reality check on long-term benefits of consolidation
The offshore drilling market is ripe for consolidation. The sector continues to face challenges managing an oversupplied, highly competitive market combined with overleveraged balance sheets, weak liquidity and stressed financials. Read more in Splash!
Cruise operators still searching for reset
A restart to full operations can’t come soon enough for cruise lines, whose financial position has become increasingly precarious given high debt levels incurred from fleet expansions and the fund raising required to survive the current crisis, Maritime Strategies International (MSI) said in a report. Read more here
Dry bulk shipping rates reach highs due to strong demand
The dry bulk shipping sector posted its best first half year performance in a decade with rates for Capesize, Panamex and Supramax vessels topping US$30,000/day, Freight Waves reported on 28 June. Read more here
No Letup Yet In Dry Bulk Shipping’s ‘Remarkable Rally’
“This year’s remarkable rally is yet to run out of steam,” said Maritime Strategies International in its latest outlook. Read more in the Shipping Tribune
MSI adds Annual Efficiency Ratio values to MSI HORIZON platform
‘ “The Poseidon Principles AER trajectories are a market measure not a regulation but their alignment with IMO goals makes them an important measure of success in shipping’s decarbonisation efforts,” says Dr Adam Kent, Managing Director, MSI. ‘ Read more in Hellenic Shipping News
MSI urges Poseidon Principles to adjust efficiency calculations
Shipping research company Maritime Strategies International (MSI) said there is a “pressing” need to adjust the ship energy efficiency calculations used by major banks under the Poseidon Principles. Read more in TradeWinds
Less than one in two ships comply with the annual efficiency ratio created by the Poseidon Principles
UK consultants Maritime Strategies International (MSI) has added annual efficiency ratio (AER) calculations used in the Poseidon Principles to its Horizon platform … Read more here