Artisanal canoe fishing industry of the Rivers State: its economic viability and investment potentials

Consequent upon the present national call in Nigeria for all to go back to agriculture including fishing, most retrenched workers and unemployed youths from the riverine areas are taking up fishing as a legitimate and gainful livelihood. To sustain this tempo and attract more investment, the economic viability of such projects must be known. This study is an attempt to document the profitability and investment potential of artisanal canoe fishing. Socio-economic information including catches, operational cost and returns were obtained through a personal interview questionnaire survey of 240 randomly selected artisanal canoe fishermen from Bonny, Brass and Degema Local Government Areas (LGA) of the State and analyzed. With an investment cost of about 8,135, 8,490 and 6,571 and operation cost of 750, 776 and 627, the analysis showed an average monthly gross income of 1,869, 3,221 and 1,775 for the three local government areas respectively. A benefit-cost-ratio of 1:8, net present value of 400, 603 and internal rate of return greater than 50% were obtained. Since capital invested in fisheries is not tied up for long before benefits start flowing, coupled with the high IRR, it is concluded that artisanal canoe fishing would be an economically viable venture if well managed

Aquaculture potentials and investment opportunity in shrimps and prawns farming in Nigeria

Some aspects of the aquaculture potentials and investment opportunity in shrimps and prawn farming in Nigeria were overviewed. This paper presents the breeding pattern, spawner availability, culture water-type and properties, feeds and feeding regimes and other factors needed in practical shrimps and prawns culture. The culture systems, water management, larval management, stocking density, feeding strategies and diseases were fully discussed. The investment opportunity available as government plans to boost production of these resources from both artisanal and aquaculture sector was documented. Management strategies needed in practical practices of shrimps and prawns culture were enlisted. Effected efforts from the government were listed in this paper

Resilient livelihoods and food security in coastal aquatic agricultural systems: Investing in transformational change

Aquatic agricultural systems (AAS) are diverse production and livelihood systems where families cultivate a range of crops, raise livestock, farm or catch fish, gather fruits and other tree crops, and harness natural resources such as timber, reeds, and wildlife. Aquatic agricultural systems occur along freshwater floodplains, coastal deltas, and inshore marine waters, and are characterized by dependence on seasonal changes in productivity, driven by seasonal variation in rainfall, river flow, and/or coastal and marine processes. Despite this natural productivity, the farming, fishing, and herding communities who live in these systems are among the poorest and most vulnerable in their countries and regions. This report provides an overview of the scale and scope of development challenges in coastal aquatic agricultural systems, their significance for poor and vulnerable communities, and the opportunities for partnership and investment that support efforts of these communities to secure resilient livelihoods in the face of multiple risks.

Mud crab hatchery and nursery operations

A brief account is given of mud crab (Scylla spp) farming activities in the Philippines. The expanding market for mud crab is the cause of intensified collection of wild juveniles. To counter the threat to wild population and ensure the sustainability of mud crab farming, there is a need to produce juveniles in hatcheries. Hatchery and nursery operations, and investment costs/returns are outlined.

SAMUDRA Report No. 64, March 2013

Contents: At a crossroads: England’s small-scale fisheries are being integrated within a national system. Diversionary tactics: Most of Peru’s anchoveta catches meant for human consumption are being diverted. Fair, sustainable? The new EU-Mauritania Fisheries Agreement has been welcomed—and spurned. A weighty responsibility: A fisheries reform process is under way in several parts of Africa. Sri Lanka. Restoring past glory: The Regional Fisheries Livelihoods Programme focuses on fisheries in the Negombo lagoon. Need for vigilance: Summary of a study on globalization and trade treaties in Atlantic Canadian fisheries. A collective voice: A national workshop on the ILO Work in Fishing Convention was held in Goa, India. Short-term model: Brazil is backing increased production through industrial fisheries and aquaculture. Living the learning. 70 participants from the Honduran Caribbean coast gathered at a conference on SSF. Brazil. Towards synthesis: On the approach of civil society organizations towards the proposed SSF Guidlines.

Trade secrets: a ten year overview of the illegal import of sea turtle products into the United States

For more than 25 years all sea turtle products have been prohibited from international commerce by the 170-member nations of the Convention on International Trade in Endangered Species (CITES). Sea turtles continue to be threatened by direct take (including poaching) and illegal trade despite multi-national protection efforts. Although take may contribute significantly to sea turtle decline, illegal take is difficult to measure since there are few quantified records associated with legal fisheries and fewer still for illegal take (poaching). We can, however, quantify one portion of the illegal sea turtle trade by determining how many illegal products were seized at United States ports of entry over a recent 10-year period. The United States Fish and Wildlife Service (USFWS) oversees the import and export of wildlife and wildlife products, ensuring that wildlife trade complies with United States laws and international treaties. Additionally, the USFWS has legal authority to target suspected illegal wildlife activity through undercover and field investigations. In an effort to assess the scale of illegal sea turtle take and trade, we have conducted a 10-year (1994 – 2003) review of the law enforcement database maintained by the USFWS. This database tracks the number and type of wildlife cases, the quantity of seized products, and the penalties assessed against violators. These data are minimum estimates of the sea turtle products passing through the United States borders, as smuggled wildlife is oftentimes not detected.

Abalone culture - a new business opportunity

There are about 100 species of abalone in the world, but only 20 are of high commercial importance. In the Philippines, the abalone species are Haliotis asinina, H. varia, H. ovina and H.glabra, but it is the former which has high commercial value. The semi-processed abalone are frozen, dried or canned for export to many countries. An outline is given of the major aquaculture activities and duration of breeding and culture. Abalone hatchery production operations and investment costs and returns are detailed. Particular reference is made to the modular system of abalone culture in floating cages.

Farming the seaweed Kappaphycus

Seaweed farming is the top foreign exchange earner for the Philippines. Kappaphycus constitutes 80% of the Philippine seaweed export. It is sold in both fresh and dried forms; although dried seaweed has a greater demand, fresh seaweed is highly prices in restaurants. The 3 main seaweed products marketed are agar, alginate and carrageenan. A brief outline is given of farming operations and investment costs and returns.