The Market

The Maritime Transport Market

Worldwide Maritime Transportation Market

Overview


KEY TO THE FUTURE:

Currently, the transportation sector accounts for over one trillion dollars GWP annually. Over 90% of world trade by volume and 60% by value are transported by sea, making the maritime transport market the single most important factor in global economics.

Unfortunately, it also accounts for 1.9% of the greenhouse gases (GHG) that are polluting the world. Nonetheless, the vast size of the market combined with the need to dramatically reduce its contribution to pollution creates a tremendous opportunity for SPI to bring to market a faster, better, cheaper solution that characterizes a massively disruptive technology such as Seaphantom.

Consequently, in addition to presenting the existing maritime transportation market, we will be examining the emerging market driven by the global demand to decrease congestion and pollution which in turn offer tremendous new opportunities for massively disruptive technologies such as Seaphantom.

Lines of Business


TARGET MARKET

While Seaphantoms offer possible solutions to several market segments, SPI will focus initially on seven lines of business with five commercial and two security operations as follows:

Commercial Operations

Security Operations

Strategy


JOINT VENTURES

Rather than re-invent the wheel while competing against the dominant players in the industry, we hope to leverage our core competencies into desirable turn-key joint ventures with these same operating companies wherein we provide leased boats, crews and maintenance, then let the operators operate. We feel that Seaphantom presents a clear opportunity to provide value added solutions to these companies on a scale one would expect from a massively disruptive technology such as ours.

WORLDWIDE MARITIME MARKET 2011
MARKET SEGMENTTOTAL REVENUE
Fast Ferries (walk-ons only)4,318,954,214
Fast Freight213,297,000,000
Fast Offshore Services2,945,000,000
Fast Response (offshore patrol)~10,000,000,000
Fast Shipping402,500,000,000
Fast Touring24,648,352,000
P2 (US military)TBD
TOTAL MARKET SIZE657,709,306,214

WORLDWIDE FERRY MARKET 2010
WORLDWIDE FERRIESWALK-ON SEGMENT
Global Ports1,500Ports1,500
Passengers2,052,073,171Passengers574,580,488
Revenue15,424,836,479Revenue4,318,954,214
TOP 40 OPERATING COMPANIES
MARKETCOMPANYREVENUE
Top 23 Ferry Lines
(See table)Combined Total15,424,836,479
Top 5 Fast Freight Lines
1USPS65,223,000,000
2UPS53,105,000,000
3DHL52,289,000,000
4Schenker50,029,30,0002
5Fedex42,680,000,000
TOTAL INCOME213,297,000,000
Top 5 Offshore Services
1CHC1,260,000,000
2Seacor215,000,000
3Bristow919,000,000
4RLC105,000,000
5PHI446,000,000
TOTAL INCOME2,945,000,000
Top 7 Cruise Lines
1Carnival13,179,246,000
2Royal Caribbean6,358,842,000
3Norwegian1,891,051,000
4MSC1,562,567,000
5Disney774,366,000
6Star486,466,000
7Thomson395,814,000
TOTAL INCOME24,648,352,000
GRAND TOTAL256,315,188,479
Commercial Lines