Capital expenditure in oil and gas and offshore wind projects will rise significantly in the next five years… Read more in Riviera
Offshore
Clean energy targets likely to drive further growth in turbine installation vessel market
Like other analysts, MSI expects a very strong shift from small offshore wind turbines to larger units in the coming decade, with turbines expected to reach a capacity of 20 MW or more. Read more in Riviera
Oilfield service sector needs consolidation to survive MSI warns
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
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!
Asian offshore wind offers lifeline to AHTS vessel owners
Massive investments in offshore windfarms in Asia will generate opportunities for southeast Asian OSV owners, while Qatar gas expansion presents best near-term work in the Middle East. Read more in Riviera
Offshore wind boom demands careful navigation
Owners of wind turbine installation vessels can expect to see earnings and demand grow, but oversupply might be looming if too many vessels area ordered. Read more in Riviera
Near-term uncertainty plagues the OSV market
Limited visibility and volatility have made planning for 2021 difficult and there is little by way of longer term clarity, writes Gregory Brown, associate director – offshore at Maritime Strategies International. Read more in Splash News
Norway sets out green shipping policies and budget
During this session, Maritime Strategies International senior offshore analyst Dr Ferenc Pasztor outlined the current status and outlook for green fuels in the European shipping industry. Read more here
Foresight: Forecasting the Shipbuilding markets in the New Normal
The COVID-19 pandemic has compounded existing uncertainties to create a perfect storm for the shipbuilding markets, as well as having widely differing impacts on different sectors of shipping. Take a look inside the latest foresight!