Financial Feasibility of Shrimp Fishery Based on Fishing Gear Type in Kuala Langsa, Langsa, Aceh | ||||
| Egyptian Journal of Aquatic Biology and Fisheries | ||||
| Article 120, Volume 29, Issue 4, July and August 2025, Page 2195-2216 PDF (758.72 K) | ||||
| DOI: 10.21608/ejabf.2025.445724 | ||||
 View on SCiNiTO | ||||
| Author | ||||
| Jamil et al. | ||||
| Abstract | ||||
| This study aimed to evaluate the financial feasibility of four types of traditional shrimp fishing gear—namely bottom longline, collapsible shrimp trap, lift net, and modified lift net—used by small-scale fishers in the waters of Kuala Langsa, Aceh. A total of twenty-three shrimp fishermen were interviewed using a total sampling approach, and financial data were analyzed based on key indicators, including Net Profit, Revenue/Cost Ratio (R/C), Payback Period, Net Present Value (NPV), Benefit-to-Cost Ratio (B/C), and Internal Rate of Return (IRR). The results showed that the bottom longline provided the highest financial performance, with the fastest payback period and the highest IRR. However, substantial variation between business units suggests that profitability is highly influenced by differences in operational efficiency, technical skill, or ecological conditions. The collapsible shrimp trap ranked second, demonstrating high profitability and the most consistent performance, as indicated by a narrow interquartile range and the absence of outliers. The lift net and modified lift net were also considered economically viable but exhibited greater variability in outcomes. Distribution analysis using swarmplots and boxplots offered a detailed picture of performance patterns across business units. These results underscore the differences in profit potential and performance stability between gear types and highlight the importance of considering both efficiency and consistency in selecting appropriate technologies for small-scale fishers—particularly in the design of support programs and policy interventions. | ||||
| Keywords | ||||
| Financial feasibility; Shrimp fishing gear; Small-scale fishery; Kuala Langsa | ||||
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