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project summary
Challenges Facing the Industry
Wastage
According to The ASEAN Post, Indonesia loses over US$7 billion per year due to seafood wastage. − “Bad distribution networks contribute 15% to this figure, with another 9% lost due to poor processing and packaging processes. Bad fishing practices, such as throwing away unwanted catch at sea, potentially contribute to 8.2% – with another 6% of losses stemming from poor transportation and poor storage systems.”
Illegal, Unreported and Unregulated (IUU) Fishing
IUU fishing has resulted in billions of dollars in lost tax revenue annually as well as harming fragile marine ecosystems.
Mismanagement
A lack of data and little to no coordination between agencies contributes to wastage, overfishing, harm to the environment and loss of revenue.
solutions we provide
The World Bank recommends a multi-pronged approach to meeting the challenges of Indonesia’s fishing industry. We plan to exceed these recommendations as follows:
- Through our partnership with the Indonesian Navy, and our coordination with the Indonesian Ministry of Maritime and Fishery Affairs, we are able to effectively create a framework to better manage Indonesia’s vast ocean resources.
- Installing our proprietary Vehicle Monitoring System (VMS) on all of our vessels, we have the ability to make data-driven decisions in real-time.
- Our central control center will provide us the ability to achieve better surveillance to meet market demands while preventing overfishing and ensuring sustainability. The control center will also help with logistics such as meeting quotas and monitoring areas of closure.
- We plan to use larger capacity fishing vessels and to build a new state of the art processing and storage facility that will help towards reducing wastage.
Naval Partnership
The Problem
Illegal fishing in Indonesian waters costs approximately US$20 billion in losses a year according to an article published by The Wall Street Journal.
Our Solution
Working in collaboration with the Indonesian Ministry of Defense, our fleet of fishing boats also serve as the extra eyes and ears of the Indonesian Navy.
Naval Surveillance
Our fleet of fishing boats will be in direct communication with the Indonesian Navy to better assist its ability to deploy resources more efficiently in order to better protect Indonesian territorial waters from illegal fishing, piracy and other illicit activities. They can also significantly help the Coast Guard and Navy in search and rescue operations. This mutually beneficial arrangement comes at minimal cost to the Navy, while simultaneously enhancing its ability to defend Indonesian waters.
Satellite Tracking
Every ship in our fleet will be tracked by the Indonesian Navy by satellite from a central command center. This coverage will provide our ships with an added layer of security and protection on the high seas. In conjunction with other technologies we deploy on our ships, real-time tracking will virtually eliminate the possibility of shrinkage arising from piracy/theft.
Patent Pending Vehicle Monitoring System (VMS) Technology
Developed in house by Professor Laode M. Kamaluddin
- Tamper proof device
- Real-time tracking and continuous monitoring of fleet activities
- Provides periodic reports on vessel location, speed, fuel level and other useful information to central control via satellite
- Our VMS is uniquely capable of determining the location, type, size and weight of fish to catch using morphology and biometric information obtained from underwater sensors and relayed by satellite to each ship.
- Our VMS helps to significantly optimize each fishing trip by reducing sailing times and fuel consumption.
- Catch reports are sent to central control for surveillance. This enables us to adhere to strict fishing quotas, thereby ensuring sustainability and responsible operating practices.
- Provides accurate data of the type and weight of fish caught on each trip for tax accounting purposes; effectively minimizing/eliminating operational shrinkage
storage and processing facility
Storage Facility
- Ice Factory (500 tons/day capacity)
- Ice Crusher
- Ice Storage (2,000 tons capacity)
- Cold Storage (20,000 tons capacity at - 50 ⁰ C)
- Contact Freezer (25 tons/day capacity at -60 ⁰ C)
- Fuel Storage
- Freshwater Storage
- Freshwater Generator (10 units x 5,000 liter capacity per unit)
Processing & Logistics Facility
- IT Control Center
- Personnel Training and Development Center
- Onsite Personnel Housing
- Administrative Office
- Fish Processing Warehouse
- 10 MW Power Plant for Onsite Electricity Generation
- Backup Generators
- Cannery
project site photos
Actual Project Site
Fishermen's Village
This is the local fishermen's village that serves the local fishermen at the project site.
improving the lives of local fishermen
- We plan to hire hundreds of local fishermen either as employees or independent contractors. By doing so we bring onboard generations worth of fishing knowledge, knowhow and experience in the region under one roof.
- We pay these local fishermen a competitive wage so that they are able to improve their standard of living and preserve their way of life.
- We will provide them with homes, new equipment, training, and the latest technology so they can catch more fish in a more sustainable and responsible manner.
- Sustainable fishing ensures both the livelihoods of local fishermen and the feasibility of the industry well into the future.
fishing vessel procurement
- Phase 1 of our procurement plan involves the acquisition of 25-32 new Taiwan made fishing vessels.
- Several different types of fishing vessels will be purchased specifically to catch different types of fish.
- Each vessel will cost about US$5,000,000.00.
- Vessel delivery is estimated between 6-8 months.
- The vessels will have a storage capacity of between 400-600 metric tons.
- These vessels will typically take 20-25 days at sea to catch a full load.
- Main engine (Yamar) 1100 HP (Made in Japan)
- Clutch - Block Buster 5.95 (Type 726) (Made in Germany)
- Auxiliary Engine (Komatsu) 3 Set (Made in Japan)
- Freshwater Generator and Oil Purifier Installation
- Complete Refrigerating Equipment 3 Set x 80 HP Hasegawa (Made in Japan)
- Refrigerating Plant - 4 Rooms per Cabin (Ultra-Low Temperature)
- Mechanical, Electrical & Plumbing Services (Main Elect. Panel, Aux. Elect. Panel and Hull Electrical Distribution)
- Additional Material of Hull: Steel & Aluminum
- Hull Equipment - Radar x 2, Fish Detector x 2, Water Temperature Meter
- Fishing Equipment - (Main and Supporting Rope, Electric Buoy, Fishing Tackle)
- Kitchen Equipment
New Vessel Price - USD $4,560,000 Per Unit