Simulation of voyage economics for salmon seine fishing boats in British Columbia

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TypeTechnical Report
Subjectfishing vessels; voyage economics; simulation
AbstractThe seine fishing industry in British Columbia was reviewed, and a voyage profile for a typical salmon seiner was developed. Probabilities of catch and income per trip were determined from observed data. A simulation model for a vessel was constructed and validated. The simulation model was then used to investigate different operating scenarios for boats. The conclusions were that a simple decision rule, based on past catch data, produced an income 37 percent higher than average, even after the increased cost of fuel was allowed for. It was also found that increasing the number of boats fishing together reduced the financial risk significantly.
Publication date
PublisherUniversity of Britich Columbia, Department of Mechanical Engineering
AffiliationNRC Institute for Ocean Technology; National Research Council Canada
Peer reviewedNo
NRC number5918
NPARC number8895194
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Record identifiera3807334-8f88-4ee3-b7b0-09dad169073e
Record created2009-04-22
Record modified2016-10-03
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