Udolisa, R.E.K. and Solarin, B.B.
Preliminary economic evaluation of 10 metre (LOA) shallow draft vessel in daily fishery, off Imo River, Cross River State.
In: 3rd Annual Conference of the Fisheries Society of Nigeria (FISON)
, 22-25 February, 1983
Scientists from the Institute with the collaboration of Food and Agricultural Organisation (FAO), Rome designed and built a 10-m (LOA) shallow draft vessel. The prototype vessel was tried at Uta-Ewa, Ikot Abasi, Cross River State. The paper deals with the preliminary economic analysis of the performance of prototype vessel. An analysis of the annual return has shown that 43.66% of the annual gross income was paid to labour; 15.91% was spent on repairs and replacements; 7.76% on fuel and lubricants; 24.38% on maintenance costs and the return of investment, 6.2%. This low return of investment is attributable to high percentage of labour costs as well as low fishing intensity
Conference or Workshop Item
||Preliminary economic evaluation of 10 metre (LOA) shallow draft vessel in daily fishery, off Imo River, Cross River State
||3rd Annual Conference of the Fisheries Society of Nigeria (FISON)
||22-25 February, 1983
||Fisheries Society of Nigeria
||Nigeria, Imo River; costs; fishery economics; fishing vessels; investments; performance assessment; prototypes
Ms Maria Kalentsits
||28 May 2010 19:21
||29 Sep 2011 17:24
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