Economic Performance and Fishing Efficiency of Marine Capture Fisheries

Economic Performance and Fishing Efficiency of Marine Capture Fisheries
Author: Uwe Tietze
Publisher: Food & Agriculture Org.
Total Pages: 80
Release: 2005
Genre: Business & Economics
ISBN: 9789251053249

This publication sets out the findings of studies on the economic and financial performance of marine capture fisheries carried out in 13 African, Asian, Caribbean, European and South American countries during 2002 and 2003, replacing previously published results from 1999-2000 and 1995-1997. It includes the 94 most important fishing fleets operating in these countries that generally experienced positive gross cash flows and fully recovered their operating costs. The publication also contains the findings of two recent empirical studies on fishing efficiency presented at the 2004 session of the FAO/ICES Working Group on fishing technology and fish behaviour.

Sustaining Marine Fisheries

Sustaining Marine Fisheries
Author: National Research Council
Publisher: National Academies Press
Total Pages: 189
Release: 1999-03-19
Genre: Technology & Engineering
ISBN: 0309055261

Fluctuations and declines in marine fish populations have caused growing concern among marine scientists, fisheries managers, commercial and recreational fishers, and the public. Sustaining Marine Fisheries explores the nature of marine ecosystems and the complex interacting factors that shape their productivity. The book documents the condition of marine fisheries today, highlighting species and geographic areas that are under particular stress. Challenges to achieving sustainability are discussed, and shortcomings of existing fisheries management and regulation are examined. The volume calls for fisheries management to adopt a broader ecosystem perspective that encompasses all relevant environmental and human influences. Sustaining Marine Fisheries offers new approaches to building workable fisheries management institutions, improving scientific data, and developing management tools. The book recommends ways to change current practices that encourage overexploitation of fish resources. It will be of special interest to marine policymakers and ecologists, fisheries regulators and managers, fisheries scientists and marine ecologists, fishers, and concerned individuals.

The Sunken Billions

The Sunken Billions
Author: World Bank
Publisher: World Bank Publications
Total Pages: 130
Release: 2009-02-25
Genre: Technology & Engineering
ISBN: 0821379143

'The Sunken Billions: The Economic Justification for Fisheries Reform' shows the difference between the potential and actual net economic benefits from marine fisheries is about $50 billion per year, or some $2 trillion over the last three decades. If fish stocks were rebuilt, the current marine catch could be achieved with approximately half the current global fishing effort. This illustrates the massive overcapacity of the global fleet. The excess competition for the limited fish resources results in declining productivity, economic inefficiency, and depressed fisher incomes. The focus on the deteriorating biological health of world fisheries has tended to obscure their equally critical economic health. Achieving sustainable fisheries presents challenges not only of biology and ecology, but also of managing political and economic processes and replacing pernicious incentives with those that foster improved governance and responsible stewardship. Improved governance of marine fisheries could regain a substantial part of this annual economic loss and contribute to economic growth. Fisheries governance reform is a long-term process requiring political will and consensus vision, built through broad stakeholder dialogue. Reforms will require investment in good governance, including strengthening marine tenure systems and reducing illegal fishing and harmful subsidies. Realizing the potential economic benefits of fisheries means reducing fishing effort and capacity. To offset the associated social adjustment costs, successful reforms should provide for social safety nets and alternative economic opportunities for affected communities.

Techno-economic performance review of selected fishing fleets in Asia

Techno-economic performance review of selected fishing fleets in Asia
Author: Van Anrooy, R., Mukherjee, R., Wakamatsu, H., Song, L., Muawanah, U., Jin Cha, B., Narayana Kumar, R., Parappurathu, S., Yadava, Y.S., Tietze, U.
Publisher: Food & Agriculture Org.
Total Pages: 129
Release: 2020-10-26
Genre: Technology & Engineering
ISBN: 9251334900

This techno-economic performance review of selected fishing fleets in Asia presents the findings of six country level studies of fishing fleets in Bangladesh, China, India, Indonesia, Japan and the Republic of Korea. The review includes financial and economic information of 27 major fishing fleet segments, including trawlers, gillnetters, long liners, jiggers, purse seiners, as well as pole and line fishing vessels. An analysis of the costs and earnings data of these important fishing fleet segments in Asia was carried out using national statistics of 2017 for the Japanese and the Korean fleet segments and 2018-19 survey data for the other countries. Eighty-nine percent of the 27 fishing fleet segments reported positive net cash flows. Seventy percent of the fishing fleets realized net profit margins of more than 10 percent. Eighty-one percent of the fishing fleets reported positive results in terms of their capital productivity, as theirs returns on fixed tangible assets (ROFTAs) were positive.The review shows that investments in fishing vessels and fishing operations of these major Asian fishing fleets are generally profitable. Marine capture fishing is a financially viable economic activity in all six major fishing nations included in the review. It generates enough income to cover depreciation costs, interest and loan repayments, and provides sufficient financial resources for reinvestment. Nearly 60 percent of the fishing fleets generated returns on investment (ROIs) of 15 percent and higher, which signals an attractive sector for investments. The total gross value added (GVA) of the 27 fishing fleets to the Asian regional economy was substantial and estimated at around USD 66 billion. The review also reveals a need for adequate management measures, including fleet capacity management plans, to improve the status of fish stock in the region and maintain a healthy and profitable fishing sector.

Review of the techno-economic performance of the main global fishing fleets

Review of the techno-economic performance of the main global fishing fleets
Author: Van Anrooy, R., Carvalho, N., Kitts, A., Mukherjee, R., Van Eijs, S., Japp, D., Ndao, S.
Publisher: Food & Agriculture Org.
Total Pages: 175
Release: 2021-06-11
Genre: Technology & Engineering
ISBN: 9251344701

This review of the techno-economic performance of the main global fishing fleets discusses the outcomes from 20 country-level studies of fishing fleets from Africa, Asia, Europe, North and South America. It includes financial, socio-economic and technical information from 103 major (semi-) industrial fishing fleet segments, which are responsible for an estimated 39 percent of marine capture fisheries production worldwide. The analysis of vessel characteristics reveals substantial differences in fishing capacity (in terms of vessel length, tonnage and power) between fleet segments. An increase in the gross tonnage of average vessels was observed in fleet segments also covered in previous reviews. Substantial increases in average length overall and engine power were observed in several Asian fishing fleets. The age structure of the fishing fleets in most regions, except Asia, shows an upward trend. An analysis of the costs and earnings data showed that labour and running costs were the two main cost components for the majority of fleet segments. Ninety-two percent of 97 fleet segments reported a positive net cash flow in the year they were surveyed, in the 2016–2019 period. Net profit margins of 10 percent or more were realized by average fishing vessels in 73 percent of the fleet segments. Returns on investment (ROIs) of 10 percent or higher were realized by 61 percent of the fleet segments. The review also discusses developments in fishing technologies. These developments, along with a general increase in seafood prices, successful fisheries management in some areas, and improved fleet capacity management in Europe and North America, have all contributed to the ongoing, positive financial and economic performance of the main global fishing fleets in recent years.

Techno-economic performance review of selected fishing fleets in North and South America

Techno-economic performance review of selected fishing fleets in North and South America
Author: Kitts, A., Van Anrooy, R., Van Eijs, S., Pino Shibata, J., Pallalever Pérez, R., Gonçalves, A.A., Ardini, G., Liese, C., Pan, M., Steiner, E.
Publisher: Food & Agriculture Org.
Total Pages: 122
Release: 2020-06-01
Genre: Technology & Engineering
ISBN: 9251328722

This techno-economic performance review of selected fishing fleets in North and South America presents the findings of four country level studies of fishing fleets in the United States of America, Brazil, Chile and Peru. The review includes financial and economic information of 21 fishing fleet segments, including shrimp and groundfish trawlers, demersal trawlers, longliners, purse seiners, dredgers as well as hook and line fishing vessels. Analysis of the costs and earnings data of these important fishing fleet segments in North and South America, using survey data from 2012 -2017 for the US fleet segments and 2018 data for the South American countries’ fleets showed that 81 percent of the fleet segments had a positive net cash flow. The net profit margins of 38 percent of the 21 fishing fleet segments were >10%. Two-thirds (67%) of the fleet segments presented positive results in terms of their capital productivity as the return on fixed tangible assets (ROFTA) was positive. Twenty four percent of the fleet segments showed return on investment (ROI) figures of twenty percent or more. A majority of the Chilean and Peruvian fleet segments had ROIs of ten percent or higher in 2018. The financial and economic performance of the fishing fleet segments is not only affected by the seafood prices, but also by the fisheries management regime in place, fish species targeted, fish stock status and fishing methods and technologies applied. The age structure of the fishing vessels shows an increasing trend for most of the fishing fleet segments in this review, which adds to the apparent profitability of the vessels in these fleet segments as depreciation and interests on loans are minimized.

Techno-economic performance review of selected fishing fleets in Europe

Techno-economic performance review of selected fishing fleets in Europe
Author: Carvalho, N.; Anrooy, R.;Vassdal, T.; Dağtekin, M.
Publisher: Food & Agriculture Org.
Total Pages: 198
Release: 2020-06-01
Genre: Technology & Engineering
ISBN: 9251326681

This techno-economic performance review of selected fishing fleets in Europe presents the findings of European country level studies of fishing fleets of Denmark, France, Germany, Italy, Norway, Spain, Turkey and the United Kingdom of Great Britain and Northern Ireland. The review includes financial and economic information of 42 fishing fleet segments, including demersal trawlers, purse seiners, pelagic trawlers, long-liners, coastal fishing vessels using passive gears, pots and traps fishing vessels and small-scale hand-liners. Analysis of the costs and earnings data of 42 of the main fishing fleet segments in Europe in 2016 showed that all types of vessels had a positive gross cash flow. The average net profit margin of the 41 fishing fleet segments analysed was very good with 20 percent. Eighty-five percent of the fleet segments presented positive return on fixed tangible assets (ROFTAs) of 10 percent and higher. However, 38 percent of the fleet segments demonstrated return on investment (ROI) percentages lower than 10 percent. Comparing the 2016 financial and economic performance results with those of some of the same fleet segments included in the 2002-03 review study, it is clear that general fishing fleet performance in Europe improved. All eight countries together saw a decrease in the number of fishing vessels between 2008 and 2016 of 10 percent, from nearly 60 000 to less than 54 000 vessels. Each of the countries also saw a reduction in total fleet capacity in gross tonnage (GT) and kilowatts (kW). The vessel age structure showed an increasing trend for most of the fishing fleet segments.

Hidden harvest: The global contribution of capture fisheries

Hidden harvest: The global contribution of capture fisheries
Author: Kelleher, K.
Publisher: Worldbank ; WorldFish
Total Pages: 92
Release: 2012-02-07
Genre:
ISBN:

The important contribution of fi sheries to human well-being is frequently underestimated. This report highlights that contribution. The report focuses on small-scale fi sheries and developing countries because the livelihoods of 90 percent of the 120 million employed in fi sheries are in the small-scale fi sheries, and almost all of those workers, 97 percent, live in developing countries. Many small-scale fi shing communities have high levels of poverty, and poverty reduction is a core focus of the contributing partners to the report.

A Fishery Manager's Guidebook

A Fishery Manager's Guidebook
Author: Kevern L. Cochrane
Publisher: John Wiley & Sons
Total Pages: 541
Release: 2009-06-15
Genre: Technology & Engineering
ISBN: 1405170859

Co-published with the Food and Agriculture Organization of the United Nations. Fisheries management is the process that has evolved to try to ensure that fisheries operate in a manner that provides the immediate benefits in a sustainable manner. The widely accepted goal is that the full range of benefits should not only be available for this generation but for generations to come. Fisheries management has been successful in some cases but there have also been many, many cases of failure. This volume is intended to contribute to improving this unsatisfactory state by addressing the widespread need for information and guidance on the broad and often complex task of fisheries management. It is an updated and expanded edition of the first version of "A fishery manager's guidebook" which was published as a FAO Fisheries Technical Paper in 2002. The major part of this new edition is divided into five parts intended to cover the range of concerns, tools and techniques essential to the modern fisheries manager, whether that manager is an individual or a formal or informal group. Following the Introduction: Part I examines the primary dimensions of fisheries: biological, ecological, social and economic Part II looks at the legal and institutional characteristics of fisheries Part III explores the tools that fishery managers have to achieve the objectives expected from a fishery Part IV discusses the role of scientific information of indicators and reference points Part V moves into implementation of fisheries management and includes a chapter on special considerations in small-scale fisheries This landmark publication is aimed at fishery managers and scientists. All libraries in research establishments and universities where fisheries and aquatic sciences are studied and taught will need copies of this important volume. Fisheries around the world make essential contributions to human well-being including the provision of basic food supplies, employment, recreational opportunities, foreign currency and others, providing benefits to hundreds of millions of people. Despite these benefits, our record of managing fisheries so that the benefits can be sustained has been poor, at best, and most fisheries around the world are experiencing serious ecological, social or economic problems and usually all three. Today there is global concern about the state of fishery resources and aquatic ecosystems, their resilience to future stresses such as climate change and their ability to continue to provide benefits.