We are a specialised, independent consultancy focussed on the development of tailored forecasts of port traffic by cargo type, the impact of ports on local economies and key aspects of port governance for use in a wide range of applications, including:
The Maricasts modelling and forecast service adopts a comprehensive approach; in contrast to the common grossly simplified generic approach of using simple aggregate domestic GDP growth rates. All the key economic drivers are identified by research and quantitative methods to create as robust a forecasting model as possible.
Port traffic as part of transport demand is potentially driven by each component activity in the domestic economy and foreign markets; with adjustment for local factors and, critically, changing relationships through time. Our global model is distinguished by three unique features, which have been shown to be more robust compared to standard forecasting techniques for freight traffic.