The maritime industry operates in a competitive market, generally free of subsidy except in the context of lifeline services. However, maritime is robustly regulated and, in regard to the ports themselves, subject to the rigors of the planning environment. In terms of passenger ferry service, rapid growth worldwide has reflected urban growth and the reclaiming of historically industrial waterfront land for residential and leisure uses.
In this context, Steer’s understanding of this diverse industry allows us to provide support in the planning and development of ports, the introduction of ferry services, and the investment in ferry companies, container terminals, etc.
Across the maritime sector, Steer combines its knowledge of the markets, including demand, user experience and revenue forecasting, with commercial understanding of how these services are provided. This has allowed us to assist government in the development and support of ports and ferry services, operators in developing their offer, and investors in investing in ferry services, tug operators, port/ terminal facilities. Several of our recent strategic planning exercises have led to the implementation of some of the most important passenger ferry services in the world.
We provide our commercial analysis within the context of our wider knowledge of public sector planning and investment. With maritime assets representing a significant target for infrastructure investment, we have gained a significant reputation in the support of transactions in this space.
We work with a wide range of clients with a particular focus on short sea ferries and on high speed commuter services.
How we can help you
We have an expert team who specializes in demand and revenue analysis, operations and technical expertise. We also draw on the wider expertise of the business in support of commercial analysis.