An economic evaluation of fishing vessels of the Black Sea  <B>An economic evaluation of fishing vessels of the Black Sea</B><P>A.C. Dincer, E. Kose and H.F. Durukanoglu</B><I><P> Karadeniz Technical University, Faculty of Marine Science, Trabzon, Turkey</I><P> Abstract<P> This paper deals with technoeconomic evaluation of Turkish purseseine vessels operated in the Black Sea in anchovy fishing. A computer simulation model has been developed to study the behaviour of this particular vessels under various designs and operational conditions. The data used in this study have been obtained from oral interviews with the local fishermen, local shipyards where vessels under investigation are built, official statistics and the author's observations in fishing operations. The SLAM II computer program has been used to run the model. To perform the economical evaluation a 'sensitivity analysis' has been carried out, using the 'internal rate of return' as a measure of merit.<P>