Cost – benefit calculator

Amongst the tasks of Discardless – Deliverable 5.4, was to develop a simple cost-benefit tool that would allow stakeholders and, in particular, fishing vessel owners, a chance to estimate the investment and operational costs of the suggested solutions, as well as estimating the likely economic returns.

This tool is now available as a excel-based calculator, which means that the users can download the tool and manage the numbers within it to fit them to their respective operations. It is designed for each of the four fleet segments discussed previously in this report. It allows stakeholders to enter their own assumptions regarding expected catches, composition, UUC, MCRS etc. It is then offered to select from different technical options, which in turn estimates the total investment cost and likely added landing value.

It needs to be taken into consideration that the tool is only intended to give a rough estimation of potential investment cost and the likely return. The tool is mostly based on a number of assumptions, which are made with the best available expert knowledge. These assumptions along with mass balance and cost benefit equations are presented in Deliverable-5.4 (appendix A and B).

Citation :

Factsheet , Author(s) : Marvin Ingi Einarsson & Sigurður Örn Ragnarsson


Vioarsson, J. R., Ragnarsson, S. O., Einarsson, M. I., Saevarsson, B., Szymczak, P. (2017). DiscardLess WP5.4 Report on the 3D drawings and cost-benefit tools developed for Icelandic, North Sea and Bay of Biscay case studies.
http://www.discardless.eu/adapting_fishing_vessels