Market study of Offshore sector in India
" With the growing markets, client wanted to analyze market potential for products in offshore platform and vessels in India. "
Client
The client is MNC into the ship power supply for builders, owners and operators of vessels and offshore installations.
Challenge
Client has market share in various products of offshore vessels and platforms. It was important to understand the business of the client and explore areas where client can increase its market share or enter into new business.
Modus Operandi
i-maritime with its vast offshore industry database and industry, studied various segments of the offshore industry. Various macro economic and external factors had to be studied in order to understand the growth prospects.
i-maritime Proposition
Unprecedented rise in the price of oil in past had made offshore E&P activities viable. This high drilling demand has lead to high daily rates for offshore vessels. With positive change in India’s exploration policy and fresh investments in deepwater exploration has increased involvement of private players in rig and drilling operation. With all these demand drivers, i-maritime had proposed high growth in offshore supply vessel and platform supply vessels.
About i-maritime:
i-maritime Consultancy Pvt. Ltd.
11B 114, WeWork India Management Pvt Ltd
10th floor, Tower 1
Seawoods Grand Central, Sector 40
Nerul, Navi Mumbai (Maharashtra) 400706
ramesh@imaritime.com
Tel: +91 9820340418