NAICS Code 488390-09 - Water Transportation Services NEC

Marketing Level - NAICS 8-Digit

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NAICS Code 488390-09 Description (8-Digit)

Water Transportation Services NEC is a subdivision of Other Support Activities for Water Transportation industry. This industry involves providing support services to water transportation activities that are not classified under other NAICS codes. Water Transportation Services NEC includes a wide range of services that support water transportation, such as cargo handling, ship scaling, and navigational services.

Hierarchy Navigation for NAICS Code 488390-09

Tools

Tools commonly used in the Water Transportation Services NEC industry for day-to-day tasks and operations.

  • GPS navigation systems
  • Crane and hoist equipment
  • Cargo handling equipment
  • Marine communication systems
  • Marine propulsion systems
  • Marine safety equipment
  • Marine surveying equipment
  • Marine weather forecasting equipment
  • Marine fuel management systems
  • Marine waste management systems

Industry Examples of Water Transportation Services NEC

Common products and services typical of NAICS Code 488390-09, illustrating the main business activities and contributions to the market.

  • Ferry services
  • Canal and waterway operations
  • Lock and dam operations
  • Ship scaling services
  • Marine cargo handling services
  • Marine navigational services
  • Marine salvage services
  • Marine towing services
  • Marine fueling services
  • Marine waste disposal services

Certifications, Compliance and Licenses for NAICS Code 488390-09 - Water Transportation Services NEC

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Merchant Mariner Credential: A certification issued by the United States Coast Guard that allows an individual to work aboard commercial vessels. It is required for all crew members on vessels over 100 gross tons. Issued by the United States Coast Guard.
  • Transportation Worker Identification Credential (TWIC): A security clearance issued by the Transportation Security Administration (TSA) that allows access to secure areas of ports and vessels. Required for all individuals who need unescorted access to secure areas of ports and vessels. Issued by the Transportation Security Administration.
  • Certificate Of Inspection: A certificate issued by the United States Coast Guard that certifies a vessel is in compliance with all applicable regulations. Required for all vessels carrying passengers or cargo for hire. Issued by the United States Coast Guard.
  • Vessel Response Plan: A plan required by the United States Coast Guard that outlines procedures for responding to oil spills and other hazardous material releases. Required for all vessels over a certain size. Issued by the United States Coast Guard.
  • Ballast Water Management Plan: A plan required by the United States Coast Guard that outlines procedures for managing ballast water to prevent the spread of invasive species. Required for all vessels that discharge ballast water in U.S. waters. Issued by the United States Coast Guard.

History

A concise historical narrative of NAICS Code 488390-09 covering global milestones and recent developments within the United States.

  • The Water Transportation Services NEC industry has a long and rich history worldwide. The earliest known water transportation dates back to ancient civilizations such as the Egyptians, who used boats to transport goods along the Nile River. In the 19th century, the invention of steam-powered ships revolutionized the industry, making it possible to transport goods and people across oceans in a matter of weeks instead of months. In the United States, the industry saw significant growth during World War II, as the government relied heavily on water transportation to move troops and supplies. In recent years, the industry has faced challenges such as rising fuel costs and increased competition from other modes of transportation.

Future Outlook for Water Transportation Services NEC

The anticipated future trajectory of the NAICS 488390-09 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Water Transportation Services NEC industry in the USA is positive. The industry is expected to grow due to the increasing demand for water transportation services. The industry is also expected to benefit from the growth of international trade, which will increase the demand for shipping services. The industry is also expected to benefit from the increasing demand for eco-friendly transportation options. The industry is expected to face challenges due to the increasing competition from other modes of transportation, such as air and land transportation. However, the industry is expected to overcome these challenges by adopting new technologies and improving its services.

Industry Innovations for NAICS Code 488390-09

Recent groundbreaking advancements and milestones in the Water Transportation Services NEC industry, reflecting notable innovations that have reshaped its landscape.

  • Autonomous Ships: The development of autonomous ships is a recent innovation in the Water Transportation Services NEC industry. These ships are equipped with advanced sensors and software that allow them to navigate without human intervention. This innovation is expected to improve the safety and efficiency of shipping services.
  • Eco-Friendly Ships: The development of eco-friendly ships is another recent innovation in the Water Transportation Services NEC industry. These ships are designed to reduce their environmental impact by using alternative fuels and reducing emissions. This innovation is expected to meet the increasing demand for eco-friendly transportation options.
  • Digitalization: The digitalization of the Water Transportation Services NEC industry is another recent innovation. This innovation involves the use of digital technologies to improve the efficiency and effectiveness of shipping services. This innovation is expected to improve the customer experience and reduce costs.
  • Blockchain Technology: The use of blockchain technology is another recent innovation in the Water Transportation Services NEC industry. This technology is used to improve the transparency and security of shipping services. This innovation is expected to improve the efficiency and reliability of shipping services.
  • Advanced Cargo Handling Systems: The development of advanced cargo handling systems is another recent innovation in the Water Transportation Services NEC industry. These systems are designed to improve the speed and efficiency of cargo handling. This innovation is expected to reduce costs and improve the customer experience.

NAICS Code 488390-09 - Water Transportation Services NEC

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