Financial Feasibility Analysis of Clam Harvesting Using Dredge in Sedati Waters, Sidoarjo, Indonesia

Kustiawan Tri Pursetyo, Mohd Hanafi Idris, Alfian Zein, Endang Dewi Masithah

Research output: Contribution to journalArticlepeer-review

Abstract

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.

Original languageEnglish
Pages (from-to)3919-3926
Number of pages8
JournalInternational Journal of Sustainable Development and Planning
Volume19
Issue number10
DOIs
Publication statusPublished - Oct 2024

Keywords

  • dredge
  • fisheries
  • marine
  • shellfish
  • sustainable

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