Blog | MSI Ltd

3 posts published

9 July 2024MSI

MODU Market Shrugs Off Contract Suspensions to Keep Year of Growth in Sight

The Middle East Gulf offshore market continues to exhibit strong growth in contract awards, even as it adjusts to the decision by Saudi NOC Aramco to suspend contracts for over 20 jack-up rigs. The Gulf region continues to contribute strongly to contract volumes in 2024. MSI tracked circa $50 bn of contract awards during the first … Continue reading MODU Market Shrugs Off Contract Suspensions to Keep Year of Growth in Sight →

EnergyMODU DrillshipMODU Jack-Up RigMODU Semi-Sub

4 July 2024MSI

MSI affirms ‘very positive outlook’ for tanker sector

High tonne-mile demand as a result of tankers diverting round the Cape of Good Hope has underpinned crude and product tanker deadweight demand growth of 5.5% and 4.5% respectively so far this year. Read more at Seatrade Maritime.

EnergyOil Tanker

1 July 2024MSI

Red Sea crisis dictates container fleet capacity trends

As anticipated, containership deployment trends in the first half of 2024 have been dictated by the situation in the Red Sea. The initial increase in deployment on main lane routes ex-East Asia that started in January has continued unabated through the middle of June. Read more of this guest post by Daniel Richards, associate director, … Continue reading Red Sea crisis dictates container fleet capacity trends →

Containership

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