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The Effects of Age on Vessel Performance and Fleet Capacity
This report describes the development of mathematical models which demonstrates the effect of a vessel’s size, age and fishery on its performance, expressed in terms of income and returns to capital and labour. On the basis of these models, a fleet capacity simulation model, CAPSIM, has been developed, as described herein. This model is intended for use with simple available data to assess the impact on fleet capacity resulting from structural change. An example of its application to Humberside is presented. In addition, in order to aid the EEC, who have supported this work, descriptive material covering the UK, Belgian, Netherlands, FRG and Ireland is appended, and reported in terms suitable for use with this model. This report has been produced from a scanned original and may therefore contain some formatting and other inaccuracies. In cases where this affects the technical content, a paper copy of the original report can still be obtained from Seafish