Russian Journal of Agricultural and Socio-Economic Sciences (Apr 2019)

ANALYSIS OF FISHING TOOLS BUSINESS ON GT-BOATS AS THE ALTERNATIVE OF CANTRANG IN PPP BAJOMULYO, PATI REGENCY OF INDONESIA

  • Wibowo T.W.,
  • Wijaya S.,
  • Boesono H.

DOI
https://doi.org/10.18551/rjoas.2019-04.05
Journal volume & issue
Vol. 88, no. 4
pp. 33 – 38

Abstract

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The cantrang boat with a size above 30 GT in Juwana Pati District has replaced fishing gear to gillnet, purse seine and bottom longline. The fleets of ships that have switched these fishing gears get permission and carry out fishing operations in the Banda Sea (WPP 718). The problem faced by some fishermen and ship owners who have not switched now is that they still have the body to switch from cantrang to several other fishing gears. See the conditions above, so it is necessary to review further the aspects of business feasibility. The purpose of this study was to determine the income and analyze the value of NPV, the value of B / C Ratio, IRR (Internal Rate of Return) and payback period (PP) on ships that have switched to gillnet, purse seine and bottom longline. The economic aspect is based on research from the income variable with a value of Rp.6,825,000,000 / year for bottom longline vessels, Rp.3,450,000,000 / year for gillnets vessels and Rp.5,130,000,000 / year for purse seine vessels. The results of the financial analysis of the business of fishing the Ship bottom longline using discounted criterion calculations can be said to be feasible and can be continued because the NPV value is Rp.729,476,021. (NPV = positive), the IRR is 25.88%. (IRR> i), B / C ratio of 1.21 (> 1), PP for 2 years, 3 months, 18 days, while financial analysis of fishing businesses Ship purse seine can also be said to be feasible and can be continued because the NPV value is Rp. .860,746,527 (NPV = positive), IRR of 30.15% (IRR> i), B / C ratio of 1.29 (> 1), PP for 2 years, 3 months, 18 days. For the business of catching Gillnets, they suffered losses and were not feasible to continue their business.

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