About half of the boats are owned by the processors. The 

 ownership of the remainder is about equally divided between fishermen 

 and nonfishermen. 



Probably 80 percent of the boats are under foreign registry. 

 More than half are Panamanian, and the remainder are of United States 

 registry. The foreign boats are licensed for 1 year. After this time 

 the boats, unless an extension is granted, must either come under 

 Ecuadorean registry or leave. 



The total investment in boats and gear, including the freezer 

 ship, is probably around $800,000. The average boat and gear is worth 

 around $20,000. 



The privately owned boats are paid between 36 and Uo cents per 

 pound of tails. This varies with the price of shrimp in the United 

 States and is for run-of-the-mill large and jumbo shriitqj. The boats are 

 paid on the basis of pack-out weight with deductions for broken or small 

 shrimp. For peeled shrimp (usually peeled because of black spot) they 

 are paid 62 to 68 cents per pound. 



On a production of 100,000 pounds annually, the cost to the 

 boat owner is estimated to be between 20 and 25 cents per pound. 



Insurance for total loss, full coverage, runs 5 percent and 

 is reported to be difficult to obtain. 



The cost of ice xtLas f rom $8 to $10 per ton. Water at Esmeraldas 

 costs only the time and effort it takes to run into the river and pump 

 or dip it aboard. 



The only place boats can haul out is in Guayaquil, and here 

 there is capacity only for the trawlers. Larger boats must go to Panama, 

 Haul outs at Guayaquil cost $25 for small boats and $5o for larger boats. 

 The lay time is only the haul -out day. Additional lay days cost $2.50 

 to $5 each. Boats are normally hauled three or four times a year for 

 cleaning and painting. At Esmeral.das there is a place where the boats 

 can come in at high tide and be worked on at low tide. At Manta they 

 have to be beached. 



Diesel fuel costs s/3.70 (about 21 cents) a gallon in Esmeraldas 

 and s/l.20 (about 7 cents) in Guayaquil. 



S3 



