A Feasibility Study is an essential step in strategic planning and technical projects, especially when it involves sophisticated decision-making or engineering. It helps to determine the viability of a plan or a project before significant resources are invested. Therefore, a thorough feasibility study lays the foundation for successful project execution by clearly understanding the project's potential, challenges, and the resources required.

In regard to maritime projects, either retrofit or newbuild, the goal of a feasibility study is to evaluate whether the proposed project can be successfully completed in terms of technical, financial, operational, and legal feasibility. Conducting a feasibility study helps avoid costly mistakes and ensures that the project aligns with both technical and business goals.

eCap Marine is here to offer and support our clients with our profound engineering know-how, combining years of experience from real-life projects.