PRODUCTIVITY AND ECONOMIC ANALYSIS OF THE INDIAN OCEAN LONGLINE FISHERY LANDED AT BENOA PORT BALI INDONESIA

Abstract

This study highlighted the occurrence of productivity and economic analysis of Indian Ocean longline fishery which was landed in Benoa port Bali Indonesia. The aim of this study is to determine feasibility of tuna longline effort based on business analysis and current condition. The data used in this study based on the Research Institute for Tuna Fisheries (RITF) observer program in Benoa from 2010-2011. This paper presents the current information on Catch per Unit of Effort (CPUE) and feasibility analysis based on the recent economic parameters. The CPUEs of tuna longline vessel in 2010 and 2011 respectively were 288.35 kg/effort and 281.97 kg/effort. The feasibility analysis of Indian Ocean tuna longline effort showed that tuna longline efforts remains profitable
and feasible with payback periods (year-3, month - 2 and day- 18), internal rate of return (53%), average rate of return (61.24%) and net present value between Rp 1.709.897.950,- (first year) and Rp 85.331.099.211,- (at the end of 25 years).