Water transport

isic code 50, 'Water transport', encompasses a vital industry that plays a crucial role in the global economy. This industry is responsible for the movement of goods and passengers across waterways, including oceans, rivers, and lakes. As an integral part of the logistics and supply chain, the water transport industry facilitates international trade, supports economic development, and connects communities around the world.

The core production techniques in the water transport industry involve the operation of various types of vessels, such as cargo ships, passenger ferries, and specialized vessels for specific purposes like tankers and cruise ships. These vessels are designed and engineered to navigate waterways efficiently and safely, with consideration for factors like cargo capacity, speed, and environmental impact. The industry also relies on supporting infrastructure, such as ports, terminals, and navigational systems, to ensure the smooth and reliable movement of goods and people.

The water transport industry requires a range of inputs to function effectively. These include the vessels themselves, which are manufactured using materials like steel, aluminum, and composite materials. Fuel, such as diesel or liquefied natural gas, is a critical input for powering the vessels. Additionally, the industry relies on specialized equipment, such as navigation systems, cargo handling machinery, and safety equipment. The workforce, including captains, crew, and support staff, is another essential input for the water transport industry.

The primary output of the water transport industry is the movement of goods and passengers across waterways. The industry's services are consumed by a wide range of other industries, including 49 Land transport and transport via pipelines, 52 Warehousing and support activities for transportation, and 46 Wholesale trade, except of motor vehicles and motorcycles. The water transport industry also supports the tourism sector through the operation of cruise ships and ferries. Additionally, the industry's activities contribute to the overall efficiency and competitiveness of global trade and commerce.