Rental and leasing of water transport equipment

NACE code 77.34 covers the rental and leasing of water transport equipment, which plays a vital role in facilitating global trade and commerce. This industry provides businesses and individuals with access to a wide range of vessels, from small recreational boats to large commercial ships, enabling them to transport goods, passengers, or engage in various water-based activities without the need for direct ownership. The rental and leasing of water transport equipment is an essential component of the broader transportation and logistics sector, contributing to the efficient movement of goods and people across waterways worldwide.

The main production techniques in the rental and leasing of water transport equipment industry involve the acquisition, maintenance, and management of a fleet of vessels. Businesses in this sector typically purchase or lease water transport equipment, such as ships, boats, and other watercraft, from manufacturers or other suppliers. They then maintain and service these assets to ensure they are in good working condition and meet all relevant safety and regulatory requirements. The rental and leasing of water transport equipment often involves the provision of additional services, such as crew management, insurance, and logistical support, to meet the specific needs of customers.

The key inputs required for the rental and leasing of water transport equipment industry include the water transport equipment itself, such as ships, boats, and other watercraft. Businesses in this sector also require access to skilled personnel, including captains, crew members, and maintenance technicians, to operate and maintain the equipment. Additionally, the industry relies on various supporting resources, such as fuel, spare parts, and specialized equipment for repairs and maintenance. Access to financing, insurance, and regulatory compliance services are also important inputs for this industry.

The primary output of the rental and leasing of water transport equipment industry is the provision of water transport equipment to businesses and individuals for a variety of purposes, including cargo transportation, passenger transport, and recreational activities. The customers for this industry's services can include 49.10 Sea and coastal passenger water transport, 50.10 Sea and coastal freight water transport, and 93.29 Other amusement and recreation activities, among others. By offering access to water transport equipment without the need for direct ownership, this industry supports the efficient movement of goods and people across waterways, contributing to the overall productivity and competitiveness of the broader economy.