Shipyard market research and strategic planning

Understanding the market through robust, evidence-based research is the fundamental first step for success. It provides baseline information for facilities design and investment, targets for performance improvement, market access and business strategies.

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Cost estimating and cost structure analysis

First Marine International (FMI) works closely with commercial and Government clients around the world to deliver specialist market research and strategy across shipbuilding, ship repair, leisure, marine equipment, vessel recycling and offshore wind market sectors. Our services include:

Market research and forecasting - Using a structured methodology refined over 20 years, we provide tailored market research incorporating global data, market trends, competitive insight and forecasting. From this performance targets can also be defined.

Shipyard feasibility studies - Understanding likely feasibility at the earliest stage saves money and time. We combine throughput and revenue insight with input from our shipyard design and engineering colleagues as well as financial analysts. This facilitates an early view on likely project feasibility.

Strategic business planning - By combining our research, data and sector specific operational experience we help clients refine and develop business plans and develop long-term strategy.

Industry competitiveness and development studies - Our focused primary research is used by government departments, industry trade associations and non-governmental organisations to provide a holistic industry view to help shape policy and strategy. These often provide the baseline for industrial base development.

A specialist, evidence-based approach to market research and strategic planning

Decades of experience working with shipyards globally

We are differentiated by our dedicated sector specific team and unique databases and processes.

An iterative approach finds the optimal balance between market, strategy and facility design

We investigate financial viability by working closely with our in-house shipyard design, engineering and financial experts to find the optimum balance between the market, facilities design and strategy.

Clear and understandable methodologies that provide confidence

We follow a robust, structured methodology to meet the expectations of project financiers and other stakeholders. Our analysis provides relevant and actionable conclusions that are clearly understandable.