TY - JOUR
T1 - Financial Feasibility Analysis of Clam Harvesting Using Dredge in Sedati Waters, Sidoarjo, Indonesia
AU - Pursetyo, Kustiawan Tri
AU - Idris, Mohd Hanafi
AU - Zein, Alfian
AU - Masithah, Endang Dewi
N1 - Publisher Copyright:
©2024 The authors.
PY - 2024/10
Y1 - 2024/10
N2 - Dredge is the dominant shellfish fishing gear in Sedati District, this tool has good productivity in the shellfish fishing business. The productivity of fishing gear is related to the ability of fishing gear to provide better catches and the profits obtained by fishermen. This research aims to analyze business finances and the feasibility of shellfish fishing using fishing gear in Sedati Waters, Sidoarjo, East Java, Indonesia. This research used a survey research method with Primary and Secondary data. The samples collected from this study were spread across 224 respondents. The hauling process is carried out while catching shellfish 100-150 times. Shellfish fishing activities are carried out 20-26 days a month. The research results show that the average investment cost for a shellfish fishing business is IDR 31,340,000, fixed costs are IDR 6,988,973 and variable costs are IDR 26,600,000. The shellfish catch obtained by fishermen in one year is around 158 kg - 302 kg, with an average per fisherman of 226 kg consisting of Anadara antiquata, Anadara granosa, and Paratape undulatus batik with a total of IDR 68,380,000. The Net Present Value (NPV) value for the clam fishing business was IDR 75,607,420.00, IRR 72.66%, B/C Ratio 1.39, and the Payback Period was 1.64. By addressing these financial factors, a clam harvesting operation with dredging equipment can be efficiently planned and conducted, ensuring both economic feasibility and operational success.
AB - Dredge is the dominant shellfish fishing gear in Sedati District, this tool has good productivity in the shellfish fishing business. The productivity of fishing gear is related to the ability of fishing gear to provide better catches and the profits obtained by fishermen. This research aims to analyze business finances and the feasibility of shellfish fishing using fishing gear in Sedati Waters, Sidoarjo, East Java, Indonesia. This research used a survey research method with Primary and Secondary data. The samples collected from this study were spread across 224 respondents. The hauling process is carried out while catching shellfish 100-150 times. Shellfish fishing activities are carried out 20-26 days a month. The research results show that the average investment cost for a shellfish fishing business is IDR 31,340,000, fixed costs are IDR 6,988,973 and variable costs are IDR 26,600,000. The shellfish catch obtained by fishermen in one year is around 158 kg - 302 kg, with an average per fisherman of 226 kg consisting of Anadara antiquata, Anadara granosa, and Paratape undulatus batik with a total of IDR 68,380,000. The Net Present Value (NPV) value for the clam fishing business was IDR 75,607,420.00, IRR 72.66%, B/C Ratio 1.39, and the Payback Period was 1.64. By addressing these financial factors, a clam harvesting operation with dredging equipment can be efficiently planned and conducted, ensuring both economic feasibility and operational success.
KW - dredge
KW - fisheries
KW - marine
KW - shellfish
KW - sustainable
UR - http://www.scopus.com/inward/record.url?scp=85207888181&partnerID=8YFLogxK
U2 - 10.18280/ijsdp.191020
DO - 10.18280/ijsdp.191020
M3 - Article
AN - SCOPUS:85207888181
SN - 1743-7601
VL - 19
SP - 3919
EP - 3926
JO - International Journal of Sustainable Development and Planning
JF - International Journal of Sustainable Development and Planning
IS - 10
ER -