An instrument which measures the velocity and direction of benthic water currents at depths of up to 80 m is described. Characteristics of this meter include: (i) readings are not affected by water flow during sinking or retrieval; (ii) it is portable; (iii) it operates unattended; (iv) it is inexpensive; and (v) it requires only simple maintenance. A timing circuit which operates two time periods in succession is used to activate and de-activate a revolution counter and a fluidfilled compass which are mounted on a special frame and vane system. In the field, the instrument accurately measured average current velocities of up to 6 m s −1. Data are presented which illustrate the usefulness of this instrument in describing the velocity and direction of benthic currents along the east coast of Australia and demonstrate a positive correlation between benthic current velocity and catch rates of the commercially-exploited spanner crab Ranina ranina.