Sustainable Fishery Management and Controlling Overcapacity in Kelantan State Commercial Fishery, East Coast of Peninsular Malaysia
Keywords:Accounting Profit, Trawler, Purse Seine, Peninsular Malaysia
Trawlers and purse seines are two main fishing nets used by the commercial fishing industry in Malaysia, and assessing their profitability is crucial for managing the fisheries to achieve sustainable fishing. The study's objective is to identify the variations in accounting profit levels in the commercial fishing sector in Kelantan State, east coast of Peninsular Malaysia. Based on an in-depth study of fishing capacity and other economic considerations, a comparison of accounting profits between the trawler and purse seine fisheries by using a revenue and profit approach. Trawlers incurred higher profit than Sein net and causing overcapacity by the trawlers.
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