Rental and leasing of water transport equipment

NACE code 77.34 covers the rental and leasing of water transport equipment, an essential component of the global logistics and trade industry. This sector plays a vital role in facilitating the movement of goods and materials across waterways, supporting a wide range of economic activities from manufacturing to retail. By providing access to specialized vessels and equipment, companies in this industry enable businesses to efficiently transport their products, contributing to the smooth functioning of international supply chains.

The rental and leasing of water transport equipment involves the procurement, maintenance, and management of a fleet of vessels, such as ships, boats, and other watercraft. Providers in this industry carefully select and acquire the appropriate equipment based on the needs of their clients, ensuring that the vessels are well-maintained, compliant with safety regulations, and ready for deployment. They also manage the logistics of delivering the equipment to the desired location and providing any necessary support or training to the end-users.

The key inputs for the rental and leasing of water transport equipment include the vessels themselves, which can range from small recreational boats to large commercial ships. Providers in this industry must invest in a diverse fleet to cater to the varying needs of their clients. Additionally, they require access to specialized maintenance facilities, skilled technicians, and a robust supply chain for replacement parts and equipment. Financing and insurance are also critical inputs, as providers must ensure the financial viability and risk management of their operations.

The primary output of the rental and leasing of water transport equipment is the provision of vessels and related services to businesses and individuals. These outputs are consumed by a wide range of NACE codes, including 50.10 Passenger water transport, 50.20 Freight water transport, 52.22 Service activities incidental to water transportation, and 77.35 Rental and leasing of air transport equipment. By enabling the efficient movement of goods and people across waterways, this industry supports a diverse range of economic activities and contributes to the overall competitiveness of the global economy.