Abstract

Purpose – While domestic marine leisure activities during COVID-19 recently increased, marine leisure, which benefits us significantly, is increasing with national interest, and fishing preferences are currently increasing.
 Design/Methodology/Approach – Problems that may arise due to the increase in the fishing population can occur due to indiscriminate fishing, which can lead to environmental pollution because of reduced fishery resources, marine waste, bait use, food intake, and human excrement. Accordingly, in order to replace environmental pollution greenhouse gases of Korean fishing boats, the Ministry of Oceans and Fisheries aims to reduce 20,000 tons of CO₂ emissions in the fishing industry by 2030.
 Findings – In this study, as a result of a study on economic feasibility analysis of the fishing boat, the cost-benefit analysis calculation result of the fishing boat as an internal combustion engine fishing boat showed that the BCR was 0.8, and this value was less than 1. In the net present value analysis, the recovery amount by net present value was about -181,065,000 won. The internal rate of return (EIRR) was estimated at 10. When the business was operated as an internal combustion engine fishing boat of a fishing boat, the value of the result without economic feasibility was obtained. As a result of calculating the cost-benefit analysis as an electrically propelled fishing boat of the fishing boat, the BCR was 1.8, and this value was greater than 1. The net present value analysis was found to be about 882,015,000 won based on the net present value. The internal rate of return (EIRR) was estimated to be 14. Therefore, when the project was operated as an electrically propelled fishing boat, a result with economic feasibility was obtained.
 Research Implications – In conclusion, as a result of analyzing the economic feasibility of the fishing boat with an internal combustion engine, it was found that there was no economic feasibility. As a result of economic feasibility analysis as an electrically propelled fishing boat, it was found to have economic feasibility.

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