26 posts tagged
Should the energy transition be reframed as a trade resilience strategy, asks Mariam Tzannatos, decarbonisation analyst at MSI. The conflict in the Middle East has once again exposed a structural feature of the global energy system: concentration risk. Read more at Splash247.com
MSI has appointed John Moulopoulos as director, North America, with responsibility for business development in the Americas. The company said Mr Moulopoulos joins from Boston-based maritime intelligence and data delivery service Marsoft Inc, and his role will include working with North American shipowners and maritime investors, while also drawing on his heritage and network to … Continue reading MSI appoints North American director →
MSI’s latest scenario modelling asks what happens to Gulf tanker trades when Strait of Hormuz access shifts from disruption to prolonged denial. The effect on tanker markets from the US and Israeli strikes on Iran and Iran’s subsequent retaliation, while extreme and spectacular, was somewhat predictable, with a rate spike following similar patterns to previous … Continue reading From theory to reality: scenario analysis for Strait of Hormuz tanker trades →
The world’s LNG supply outlook darkened sharply last night after Iran struck key gas infrastructure in Qatar, Saudi Arabia and Kuwait, escalating the regional conflict and raising the prospect of prolonged disruption to one of the market’s most critical production hubs. The impact on shipping could be mitigated by more long-haul LNG trade from the … Continue reading LNG market facing years-long Qatari supply shortage following attacks →
The demographic sweetspot for China, the 21st century’s driving force of shipping profits, has long passed. This month, Beijing reported its steepest birth rate decline since the Communist Party took power in 1949. Splash Extra investigates what a dwindling population means for global shipping. Adam Kent, managing director at MSI, explains to Splash Extra that … Continue reading China’s demographic cliff: can shipping live without its golden growth engine? →
China-led hydrogen and ammonia regional exports will curb the development of longhaul trades and limit large carrier fleet growth, argues MSI decarbonisation analyst Mariam Tzannatos. Read more at Riviera.
In the near term, the impact on freight costs will be relatively minimal, said Stuart Nicoll, a director at MSI, a London-based consultancy. The fees on high-emitting fuels like oil will start in 2028 and rise, but by 2035, some of the rewards for using low-carbon fuels may start to outweigh the penalties. Read more … Continue reading Trump officials go all out to block carbon tax on shipping →
Ten for ambition, five for achievement. Hydrogen’s journey to alternative fuel solution at scale continues to be a slow one, but the tempo is changing, argues Mariam Tzannatos, hydrogen sector analyst at MSI. Read more at Splash247.com
No new FSRUs (Floating Storage and Regasification Units) have been delivered to the fleet since Nov-21 and the next newbuild is not scheduled for delivery until mid-2026, but conversions and relocations to Egypt are keeping the market busy. The European scramble for LNG to replace lost pipeline gas from Russia following the invasion of Ukraine … Continue reading All aboard the LNG FSRU merry-go-round →
The client, a leading SOV owner requested a market study and analysis of the competitive positioning of its assets relative to the market, as well as an assessment of further vessel requirements both in terms of number of vessels and likely specification. MSI provided forecasts for SOV demand, built on a granular database of current … Continue reading MSI Consultancy Case Study – Market Overview and Competitive Positioning →
The Strait of Hormuz is a key waterway for oil and gas with around 20% of global supplies shipped through the narrow stretch of water. MSI Horizon monthly tanker report said that about 15 million barrels per day of crude and 4 million barrels per day of products are shipped through the Strait. Read more … Continue reading Oil prices ease as Trump announces Iran – Israel ceasefire →
MSI is increasingly commissioned to research and analyse the impact of environmental regulation and decarbonisation on vessel operations and fleet profiles. This can be supported with access to MSI SEASCAPE. Our expertise in understanding shipping markets extends to specialist analysis of the industry in the energy transition, including impact on vessel types, cargoes and supply … Continue reading MSI Consultancy Case Study – Theoretical Emissions Analysis →
MSI has given an early indication of the impact that the Net Zero Framework will have on the bunker market, based on data from its new SEASCAPE platform. By extending the annual fuel consumption estimates calculated for 2024 through to 2035, and applying MSI’s forecasts for bunker prices, it is possible to project the future … Continue reading What will be powering ships in the 2030s? →
Consultancy’s new MSI SEASCAPE platform calculates that carbon levies will add 82% to bunker costs by 2035. Its new SEASCAPE market analysis, vessel performance and asset valuation platform crunched the numbers on new carbon levies proposed in April. Read more at TradeWinds.
MSI senior offshore energy market analyst, Todd Jensen, sees significant prospects for OSV demand in the Middle East over the next three years. Read more at Riviera
According to Maritime Strategies International, the average cost for e-methanol in 2024 was $2,348 per ton of low sulphur fuel oil equivalent, nearly four times the price of low sulphur fuel oil. Mariam Tzannatos, a decarbonisation analyst at the London-based consultancy, tells EEI: “Pricing is currently a significant barrier to the widespread adoption of renewable … Continue reading Methanol ships depend on China →
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. Second quarter analysis by MSI reveals that deadweight demand growth is about three times higher than growth in cargo volumes so far … Continue reading MSI affirms ‘very positive outlook’ for tanker sector →
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 →
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.
MSI Director Tim Smith comments in this article “The long-run view for oil demand is not necessarily the same as the view for the international oil trade,” Read more at FT.com
The large LNG carrier sector is about to experience an unprecedented level of deliveries, but not all will start work immediately in their respective projects. MSI’s LNG shipping analyst Andrew Buckland tackles some of the difficult questions the surge in large LNG carrier deliveries in 2025 will pose for the industry in Riviera.
Read this article by MSI Director Stuart Nicoll at Baltic Transport Journal
Stuart Nicoll, a director at MSI, a London-based consultancy, insisted that wind power had clear benefits given steady growth in taxes on shipping emissions. Since the start of the year, ships entering EU ports have had to pay for the emissions on their journey under the bloc’s emissions-trading scheme. Read more at FT.com.
Demand for clean shipping fuels will supercharge these sectors, writes MSI Director Stuart Nicoll. Read more in Hydrogeninsight
Demand to be transformed by increasing move from fertiliser production to bunkers. A surge in demand for clean energy is set to boost the ranks of very large ammonia carriers (VLACs) as the ammonia trade is transformed. MSI predicts the next 25 years are likely to see requirements for green and blue ammonia providing the … Continue reading Clean ammonia trade boom to swell VLAC fleet to 400 ships →
HLP believes project developers will struggle to meet demand based on current logistics practices and equipment provision based on MSI forecasts for the total number of offshore wind projects to be installed, per year, for both fixed and floating foundation windfarm. Read more at Energyvoice