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Summary

Description

The economic impact of state and federal regulations on commercial fishermen is playing an increasing role in fisheries management. The Magnuson-Stevens Fishery

Conservation and Management Act, the Regulatory Flexibility Act, and Executive Order 12866 require the regional fishery management councils to consider potential economic impacts of future regulations in their planning efforts. In 1993 a Joint Institute for Marine and Atmospheric Research/National Marine Fisheries Service study documented the cost/earnings of the fleet. The fleet is now, however, operating under considerably different conditions than in the early 1990s primarily because of protected species issues. The primary objective of this study is to provide baseline economic information

associated with operating a pelagic longline vessel in Hawaii in 2000. Additional objectives include documenting physical and operational characteristics of vessels,

economic impacts of the most recent regulations, fishermen?s opinions on the status of the fishery, and basic demographics of the fleet.

Operational and vessel costs were collected by personal interviews with vessel owners, captains, and crew. Revenue information was obtained from the Hawaii Department of Aquatic Resources commercial catch reports. It was estimated that swordfish and tuna vessels earned a net return of $27,484 and $55,058, respectively, in 2000. Among the tuna vessels, the small vessels (<56 ft) were the most profitable. These vessels had higher gross revenues and, consequently, higher labor costs but lower fixed and variable costs. Large swordfish vessels (>74 ft) were more profitable than smaller swordfish vessels, which is likely due to higher gross revenues.

Document Information

Document Type
SOEST

Document Format
Acrobat Portable Document Format

Publication Date
2003-01-01

Contact Information

No contact information is available for this record.

Please contact the owner organization (PIFSC) for inquiries on this record.

Item Identification

Title: Economics and operational characteristics of the Hawaii-Based longline fleet in 2000
Status: Completed
Publication Date: 2003-01-01
Abstract:

The economic impact of state and federal regulations on commercial fishermen is playing an increasing role in fisheries management. The Magnuson-Stevens Fishery

Conservation and Management Act, the Regulatory Flexibility Act, and Executive Order 12866 require the regional fishery management councils to consider potential economic impacts of future regulations in their planning efforts. In 1993 a Joint Institute for Marine and Atmospheric Research/National Marine Fisheries Service study documented the cost/earnings of the fleet. The fleet is now, however, operating under considerably different conditions than in the early 1990s primarily because of protected species issues. The primary objective of this study is to provide baseline economic information

associated with operating a pelagic longline vessel in Hawaii in 2000. Additional objectives include documenting physical and operational characteristics of vessels,

economic impacts of the most recent regulations, fishermen?s opinions on the status of the fishery, and basic demographics of the fleet.

Operational and vessel costs were collected by personal interviews with vessel owners, captains, and crew. Revenue information was obtained from the Hawaii Department of Aquatic Resources commercial catch reports. It was estimated that swordfish and tuna vessels earned a net return of $27,484 and $55,058, respectively, in 2000. Among the tuna vessels, the small vessels (<56 ft) were the most profitable. These vessels had higher gross revenues and, consequently, higher labor costs but lower fixed and variable costs. Large swordfish vessels (>74 ft) were more profitable than smaller swordfish vessels, which is likely due to higher gross revenues.

Supplemental Information:

O'Malley JM, Pooley SG

2002. Economic and operational characteristics of the Hawaii-based longline fleet in 2000. Joint Institute for Marine and Atmospheric Research, SOEST 03-01, JIMAR Contribution 03-348, 31p.

Keywords

Theme Keywords

Thesaurus Keyword
UNCONTROLLED
None cost-earnings
None ECONOMICS
None Hawaii longline fishery
None PIFSC
None SOCIOECONOMICS

Physical Location

Organization: Pacific Islands Fisheries Science Center
City: Honolulu
State/Province: HI
Country: USA

Document Information

Document Type: SOEST
Format: Acrobat Portable Document Format
Status Code: Published

Support Roles

Originator

CC ID: 30214
Date Effective From: 2003-01-01
Date Effective To:
Contact (Person): Pooley, Samuel G
Address: 1845 Wasp Blvd.
Honolulu, HI 96818
USA
Email Address: samuel.pooley@noaa.gov

Originator

CC ID: 30213
Date Effective From: 2003-01-01
Date Effective To:
Contact (Person): O'Malley, Joseph M
Address: 1845 Wasp Blvd.
Honolulu, HI 96818
USA
Email Address: joseph.omalley@noaa.gov
Phone: (808)725-5741

Access Information

Security Class: Unclassified

Catalog Details

Catalog Item ID: 1053
GUID: gov.noaa.nmfs.inport:1053
Metadata Record Created By: Brent M Miyamoto
Metadata Record Created: 2006-01-24 12:35+0000
Metadata Record Last Modified By: Sarah Kunkel
Metadata Record Last Modified: 2022-09-29 00:21+0000
Metadata Record Published: 2016-04-07
Owner Org: PIFSC
Metadata Publication Status: Published Externally
Do Not Publish?: N
Metadata Last Review Date: 2016-04-07
Metadata Review Frequency: 1 Year
Metadata Next Review Date: 2017-04-07