Preliminary economic evaluation of 10 metre (LOA) shallow draft vessel in daily fishery, off Imo River, Cross River State

Udolisa, R.E.K. and Solarin, B.B. (1986) 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 ,Maiduguri, Nigeria, pp. 170-172.

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Abstract

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

Item Type: Conference or Workshop Item
Title: Preliminary economic evaluation of 10 metre (LOA) shallow draft vessel in daily fishery, off Imo River, Cross River State
Personal Creator/Author:
CreatorsEmail
Udolisa, R.E.K.
Solarin, B.B.
Page Range: pp. 170-172
Date: 1986
Event Title: 3rd Annual Conference of the Fisheries Society of Nigeria (FISON)
Event Type: Conference
Event Location: Maiduguri, Nigeria
Event Dates: 22-25 February, 1983
Issuing Agency: Fisheries Society of Nigeria
Uncontrolled Keywords: Nigeria, Imo River; costs; fishery economics; fishing vessels; investments; performance assessment; prototypes
Subjects: Fisheries
Item ID: 3438
Depositing User: Ms Maria Kalentsits
Date Deposited: 28 May 2010 19:21
Last Modified: 29 Sep 2011 17:24
Related URLs:
URI: http://aquaticcommons.org/id/eprint/3438

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