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http://hdl.handle.net/1834/931
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| Title: | Expansion of Pelagic Fisheries in Cape Verde a Feasibility Study |
| Authors: | Fonseca D'Oliveira, B. |
| ASFA Terms: | Pelagic fisheries |
| Issue Date: | 2000 |
| Publisher: | UNU |
| Citation: | UNU-Fisheries Training Programme. 27 p. |
| Abstract: | The profitability of new investments in fisheries operations is designed to take advantage of
unexploited harvest potential of fish stocks in the sea around Cape Verde and off the coast of
Senegal and Mauritania. The TAC (Total Allowed Catch) in Cape Verde is estimated between
38000 and 47000 tons and mainly are large pelagic (tuna species) and the mean catch is around
7500 tons per year. The status of fish stocks available to Capeverdian fisheries and the potential
to be caught are analysed and available data indicates that there is a substantial scope for
expanding fishing for tuna in Cape Verde waters and small pelagic in the waters off Senegal and
Mauritania. Two alternative scenarios are discussed. New vessel, which means one of the vessels
that are in construction and a used vessel, which means a second hand vessel that was constructed
and operated in Norway. The operation plans are elaborated according to the seasons of the
species and the availability of the fish stock. The profitability of fishing operations for the two
vessels is studied and discussed. In order to see how the profitability of the fishing operations is
changing sensitivity analyses is made by changing the days at sea, the price of fish on the market
and the value of the crew share. The bank will finance the investment so a loan amortisation
schedule is made to show how the loan will be repaid. The results indicate that there are
possibilities to expand in a profitable way. |
| URI: | http://hdl.handle.net/1834/931 |
| Appears in Collections: | Miscellaneous
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