OSV Anchor Handler

28 July 2026MSI

Newbuilds likely to be needed as Southeast Asia’s OSV fleet ages

Southeast Asia’s fleet of platform supply vessels (PSVs) and anchor-handling tug/supply (AHTS) vessels is ageing. At the same time, demand is increasing, driven by higher oil prices and concerns about energy security. As MSI associate director Todd Jensen told OSJ, anchor-handling tugs account for around 70% of active vessels in the region. Mr Jensen and his … Continue reading Newbuilds likely to be needed as Southeast Asia’s OSV fleet ages →

MODU Jack-Up RigOffshoreOSV Anchor HandlerOSV Platform Supply

23 June 2026MSI

Offshore vessel owners continue to favour replacement over newbuilds

As MSI associate director, Todd Jensen, explains, growth in the OSV fleet growth remains measured, with owners focusing on the need to replace older tonnage, rather than embark on newbuilding sprees of the type that have adversely affected it in the past. Read more at Riviera.

MODU DrillshipMODU Jack-Up RigOffshoreOSV Anchor Handler

18 June 2026MSI

Anchor-handler scarcity leads to record high North Sea rates

Changes are taking place in the OSV market in the North Sea as the number of high-spec anchor-handling tug/supply (AHTS) vessels declines, partly because of demand elsewhere, partly because of a dearth of newbuilds, and partly because of a contraction in the number of owners of specialized tonnage. Figures provided by Maritime Strategies International (MSI) … Continue reading Anchor-handler scarcity leads to record high North Sea rates →

OffshoreOSV Anchor HandlerOSV Platform Supply

4 June 2026MSI

Structural risks on the horizon in Middle East offshore industry

A combination of contract terminations, spiralling insurance costs and the threat to EPC projects are creating a complex combination of risk for offshore operators in the Middle East as a result of the closure of the Strait of Hormuz In its latest Horizon Monthly Offshore report, MSI notes that, whilst contract terminations for rigs have … Continue reading Structural risks on the horizon in Middle East offshore industry →

EnergyMODU Jack-Up RigOffshoreOSV Anchor Handler

20 October 2025MSI

Middle East OSV demand to plateau in 2026 before increase in 2027

The Middle East offshore supply vessel (OSV) market is characterized by strong demand, tight supply and an aging fleet. Major players dominate regional markets, but fragmentation persists, leading to potential consolidation, writes MSI Associate Director Todd Jensen. Read more at Offshore.

MODU Jack-Up RigOffshoreOSV Anchor HandlerOSV Platform Supply

29 September 2025MSI

APAC offshore wind: frontier of growth

Led by China, the Asia Pacific region represents the majority of installed global offshore wind capacity, with a bullish outlook for new capacity in Taiwan, South Korea, Japan and Vietnam. MSI senior offshore energy market analyst, Todd Jensen, admitted there have been “some hiccups along the way” in the region but was bullish on its … Continue reading APAC offshore wind: frontier of growth →

OffshoreOffshore WindOSV Anchor Handler

27 August 2025MSI

MSI Consultancy Case Study – Entry Strategy

A joint-venture between two major Middle Eastern maritime groups – sought to enter the offshore marine services market. Initially based around OSVs, the venture planned expansion to a full-service operation incorporating DSVs, CSVs and pipelay/heavy lift assets and required a detailed market assessment and business plan incorporating cashflow and capital requirement forecasts under different scenarios … Continue reading MSI Consultancy Case Study – Entry Strategy →

OffshoreOSV Anchor HandlerOSV Platform Supply

14 July 2025MSI

MSI Consultancy Case Study – Optimal offshore fleet and acquisition strategy

The client, a leading Middle East vessel operator, wished to enter the offshore marine services market, and required a detailed market assessment and business plan incorporating cashflow and capital requirement forecasts. A key project element was optimising the fleet composition to marry asset flexibility with commercial performance. MSI studied global and regional market dynamics for … Continue reading MSI Consultancy Case Study – Optimal offshore fleet and acquisition strategy →

MODU Jack-Up RigOffshoreOSV Anchor HandlerOSV Platform Supply

7 July 2025MSI

Cancelled Culture: Abandoned and Delayed Offshore Wind Projects Now Account for 300 GW

Western markets continue to suffer from a lack of positive signals in the short- term relying heavily on the success of upcoming auction rounds as they strive for net-zero targets, while China market creates a stable platform for investment says MSI. Total project cancellations, suspensions and delays in the offshore wind market have hit 300 … Continue reading Cancelled Culture: Abandoned and Delayed Offshore Wind Projects Now Account for 300 GW →

OffshoreOffshore RenewablesOffshore WindOSV Anchor Handler

2 July 2025MSI

MSI Consultancy Case Study – Market Entry

MSI recently completed a market entry study for a joint venture between two major Middle Eastern maritime groups. The client sought to enter the offshore marine services market, initially based around OSVs but expanding to a full-service operation incorporating DSVs, CSVs and pipelay/heavy lift assets, and required a detailed market assessment and business plan incorporating … Continue reading MSI Consultancy Case Study – Market Entry →

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9 May 2025MSI

The offshore-energy market: expert insights on growth and trends

Some oil & gas experts predict continued steady growth in the market, while others are more cautious – partly because of current geopolitical uncertainties. Maritime operators in the sector are keen to predict the market’s direction and anticipate changes and challenges that will confront them. PartnerShip asked Todd Jensen, Senior Offshore Energy Market Analyst at … Continue reading The offshore-energy market: expert insights on growth and trends →

OffshoreOSV Anchor Handler

6 January 2025MSI

Commercial decisions, not Trump, will determine US oil production

Capacity additions during the Biden administration were the highest for a single-term president. Although the new Trump administration is likely to reduce regulation around drilling and oil production, US oil output nonetheless already hit record levels in 2024. October saw the figure reach 20.7m b/d—a new high for the monthly average. Read more at Petroleum … Continue reading Commercial decisions, not Trump, will determine US oil production →

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26 June 2023MSI

Tidewater rides a wave in the offshore vessel market

There is a bullish outlook for the offshore vessel sector both among US owners in the sector and from analysts. Analysis presented at Marine Money New York Conference by Dr Adam Kent, from MSI, which produces a matrix with prospects for all the maritime segments viewed the OSV sector as one of the most attractive … Continue reading Tidewater rides a wave in the offshore vessel market →

OffshoreOSV Anchor HandlerOSV Platform Supply

5 June 2023MSI

Dual-fuel ships will command charter and asset price premiums

LNG bunker price expected to start trading at a substantial discount to low-sulphur fuel from 2024, helping create a premium for charter ships burning the fuel. For dual-fuel methanol ships, the picture is less clear even with shipping included into the EU ETS, as the price for green methanol would be significantly higher, according to … Continue reading Dual-fuel ships will command charter and asset price premiums →

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10 February 2023MSI

Subsea market opportunities and technology developments revealed

Upstream investment in floating production systems (FPS) and well tie-backs will drive demand for subsea construction and maintenance support vessels this decade. MSI offshore energy market analyst, Joshua Belo-Osagie said “FPS projects in Latin America and West Africa, and maintenance work in the North Sea and Asia are driving market demand.” Read more at Riviera

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16 January 2023MSI

Offshore in 2023: Reasons for optimism

MSI’s Offshore Energy Analyst, Joshua Belo-Osagie, is expecting 2023 to represent another robust period for the offshore marine supply chain, with offshore wind forecast to see a positive outlook for the foreseeable future. Read more at Splash247.com

OffshoreOSV Anchor HandlerOSV Platform SupplyShipbuilding

9 November 2022MSI

Shipyards look to plug the gap as two-horse newbuilding race runs its course

Shipyards banking on a decarbonisation-driven order boom must contend with present day realities, writes MSI Director Stuart Nicoll. Read more in Splash247.com

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30 September 2022MSI

Ukraine invasion has permanently changed the map of the oil market

China’s Asian neighbours are soaking up surplus crude volumes and creating new routes in the process, writes Tim Smith, Director, Maritime Strategies International. Read more in Splash247.com

OffshoreOil TankerOSV Anchor HandlerOSV Platform Supply

19 July 2022MSI

New offshore projects coming in UK and Norway

Offshore support vessel (OSV) owners will benefit from increased investment in the North Sea oil and gas sector, with some deferred projects being brought forward. High energy prices are driving oil and gas companies to expand their expenditure on new offshore projects, some involving billions of dollars of investment for deepwater projects. Watch MSI Director James … Continue reading New offshore projects coming in UK and Norway →

MODU DrillshipMODU Jack-Up RigMODU Semi-SubOffshore

15 June 2022MSI

West Africa Market Harbors Positive Potential for MODU Operators

The region could be a key growth market for the oil and gas industry going forward. Improving sentiment surrounds energy market prospects offshore West Africa, the positive mood underpinned by higher oil prices, reformed regulatory frameworks in key markets including Angola and Nigeria and the discovery of major prospects off the Ivory Coast and Namibia … Continue reading West Africa Market Harbors Positive Potential for MODU Operators →

MODU DrillshipMODU Jack-Up RigMODU Semi-SubOSV Anchor Handler

4 April 2022MSI

Rigs report: global floater utilisation to hit 90% by 2024

Prospects in South America, notably Brazil, are brightening both for floaters and offshore support vessels (OSVs), particularly for larger anchor handling tug supply (AHTS) and platform supply vessels (PSVs), according to MSI. Read more in Riviera Maritime Media

MODU DrillshipMODU Jack-Up RigMODU Semi-SubOffshore

19 November 2021MSI

Offshore oil, gas and renewables spending set to double to US$600Bn

Capital expenditure in oil and gas and offshore wind projects will rise significantly in the next five years… Read more in Riviera

OffshoreOSV Anchor HandlerOSV Platform Supply

19 November 2021MSI

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

OffshoreOSV Anchor HandlerOSV Platform Supply

1 April 2020MSI

Saudi Decision Will See Oil Markets Take a Bath

A sustained price war could see marginal projects delayed and hasten a predicted decline in new awards, writes Gregory Brown, Maritime Strategies International. Read more

MODU DrillshipMODU Jack-Up RigMODU Semi-SubOffshore

1 April 2020MSI

Collapse of OPEC+ and offshore market impacts

A sustained price war could see marginal projects delayed and hasten a predicted decline in new awards, writes Maritime Strategies International associate director offshore Gregory Brown. Read more

MODU DrillshipMODU Jack-Up RigMODU Semi-SubOffshore

23 October 2019MSI

Malaysia upstream a ‘saviour’ for regional OSV owners

MSI’s Gregory Brown states that utilisation of floating drilling rigs (semi-submersible and drillships) is expected to rise over 70% in 2020. Jack-up rig utilisation is now climbing to more than 65%, statistics have shown. He foresees utilisation for anchor-handlers and PSVs will rise to 60% in 2020, a rise from 50% in 2017-18. Read more

MODU DrillshipMODU Jack-Up RigMODU Semi-SubOffshore

23 October 2019MSI

Oil report claims dry Barents Sea prospects discourage investment

The higher investment level on the Norwegian continental shelf will decline again next year, MSI have reported based on underwhelming exploratory drillings in the Barents Sea. Read more

MODU DrillshipOffshoreOSV Anchor HandlerOSV Platform Supply

29 July 2019MSI

The increasingly connected OSV

MSI’s Dr Ferenc Pasztor thinks dual-fuel OSVs could be ordered in niche opportunities, such as when the charterer has gas resources of its own. “It really will depend on what happens after the start of IMO 2020 because of the additional capex”, says Dr Pasztor. Read more

OffshoreOSV Anchor HandlerOSV Platform Supply

18 July 2019MSI

Fate of the idle fleet will shape OSV market’s recovery

MSI’s Ferenc Pasztor on the implications of oil price and OSV scrapping activity, published in OSJ. Read more here

OffshoreOSV Anchor HandlerOSV Platform Supply

18 July 2019MSI

DP World plots consolidation path with acquisition of Topaz

MSI’s James Frew on the acquisition of Topaz Energy and Marine, published in offshore support Read more

OffshoreOSV Anchor HandlerOSV Platform Supply

17 July 2019MSI

Carbon Carriers

The consequences for shipping markets of a major shift in energy consumption away from hydrocarbons and towards renewables and biofuels is the subject of a report prepared by MSI on behalf of the European Climate Foundation. MSI’s shipping market modelling systems were used to analyse how global fossil fuel demand reductions could alter inter-regional commodity … Continue reading Carbon Carriers →

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12 July 2019MSI

New Offshore Report: Field Development Activity

MSI has published the first edition of its Field Development Activity Report. The FDA is a new quarterly publication that includes sub-sector overviews, competitive positioning analysis and regional outlooks for key offshore sectors including subsea, pipelay and floating production systems. Please click here for further information.

OffshoreOSV Anchor HandlerOSV Platform Supply

17 June 2019MSI

Robust pockets of activity in recovering Middle East offshore marine market

With robust levels of field developments in the hopper, MSI’s Gregory Brown discusses the market outlook for Middle Eastern support vessels. To find out his thoughts on the offshore market view, watch the full Interview here.  

OffshoreOSV Anchor HandlerOSV Platform Supply

7 June 2019MSI

ABS Sets the Industry Course to Low Carbon Shipping

MSI are delighted to have worked together with ABS on its industry-shaping Low Carbon Shipping Outlook – a very important initiative! Read more

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15 May 2019MSI

Marine Money Houston 2019

On 8 May, MSI’s Gregory Brown addressed the Marine Money conference in Houston, delivering a presentation on MSI’s Offshore outlook entitled “The Rising Tide Will Not Lift All Boats”. The presentation drew parallels with the 1980s downturn, but argued that the pace and shape of the recovery might disappoint stakeholders.

OffshoreOSV Anchor HandlerOSV Platform Supply

14 May 2019MSI

Why the Middle East is an oasis for the OSV industry

MSI’s Gregory Brown says the Middle East stands out as an oasis for the OSV industry based on stable levels of demand that will increase over the next five years and an evenly spread and paced market recovery led by Saudi Arabia, the UAE and Qatar. Watch interview

OffshoreOSV Anchor HandlerOSV Platform Supply

22 February 2019MSI

Short term sunshine, longer term rain?

The shipping market is emerging into an upward trend cycle but is ever more impacted by external factors, argues Adam Kent Read more

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8 February 2019MSI

A Structural Shift for the Subsea Supply Chain

MSI’s Gregory Brown on how the Offshore industry is increasingly deploying ‘Installability’ as a means to lower field breakevens… Read more

OSV Anchor HandlerOSV Platform Supply

6 February 2019MSI

Decommissioning boom holds P&A opportunities for OSVs

MSI’s Gregory Brown addressed the Offshore Support Journal’s Subsea Conference this week, and highlighted the Market Realities behind the $78 Bn decommissioning sector Read more

OSV Anchor HandlerOSV Platform Supply

20 December 2018MSI

OSVs find new opportunity in reconfigured energy industry

MSI’s Gregory Brown discusses how recent subsea product launches are tackling Offshore’s structural cost issue, and giving rise to new opportunities for the OSV fleet Read more

OSV Anchor HandlerOSV Platform Supply

14 December 2018MSI

‘Youth unemployment’ is scourge of OSV sector

Associate Director of Offshore, Gregory Brown and Offshore Analyst, Ferenc Pasztor share their views on OSV lay-up numbers in different regional markets… Read More

OSV Anchor HandlerOSV Platform Supply

14 November 2018MSI

MSI sponsors Marine Money NYC, participates in battle royale

MSI is proud to be once again sponsoring the Marine Money event in New York on 14th November. As part of MSI’s participation our Director of Consultancy, James Frew, will be debating shipping investment strategies and offering an insight into the most promising assets for those looking to place capital. You can catch James on … Continue reading MSI sponsors Marine Money NYC, participates in battle royale →

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14 November 2018MSI

MSI invited to present at inaugural meeting of Korea Ocean Business Corporation

MSI was delighted to have been invited to attend the inaugural meeting of the Korea Ocean Business Corporation (KOBC), in Busan last week. KOBC was established earlier this year with the stated aim of “…enhancing the competitiveness of Korea’s maritime transport industry”. This invite-only event, was attended by roughly 300 delegates, drawn from some of … Continue reading MSI invited to present at inaugural meeting of Korea Ocean Business Corporation →

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6 November 2018MSI

MSI Attends Offshore Vessel Connect Global

MSI’s Director of Consultancy, James Frew and Offshore Analyst, Ferenc Pasztor were delighted to attend the Offshore Vessel Connect Global conference in Amsterdam today. James also moderated a panel focusing on offshore refinancing and restructuring featuring peers from NIBC Bank, Offshore Merchant Partners AS and Auld Partners Ltd

OSV Anchor HandlerOSV Platform Supply

24 October 2018MSI

FREE OSV Webinar

On 30th October MSI will be hosting a free webinar, led by our Offshore Analyst Dr. Ferenc Pasztor, covering the OSV markets. There will be sessions at both 09:30 and 16:00 GMT. Those interested in attending should contact info@msiltd.com for details of how to join.

OSV Anchor HandlerOSV Platform Supply

10 October 2018MSI

MSI supports Global Maritime Forum initiative

MSI is proud to be a signatory of the Global Maritime Forum’s call for action in support of decarbonisation in shipping, alongside some of the industry’s most prominent names. More information

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10 October 2018MSI

How China’s next phase of development will shake up shipping again

Read an article by MSI’s Director of Consultancy, James Frew, in the most recent edition of Marine Money magazine Brave New World

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