8 Examples of Marine Economics

8 Examples of Marine EconomicsIndonesia has many waters that are rich in natural resources in its territory. With this wealth, Indonesia has the potential to develop the maritime economy and maritime economy as two important sectors.

Even though these two terms sound similar, there are actually differences between them. Understanding related to both can also be known from examples of marine and maritime economics.

In this regard, it is interesting to understand the differences and examples. Check out the meaning and examples of marine and maritime economics in the following explanation.

Understanding Maritime Economics and Maritime Economics

Illustration, marine economy (Pexels)

Marine economics is related to the use of natural resources found in the sea, such as oil and gas, fishery products, and the shipping industry. On the other hand, the maritime economy involves all economic activities related to the sea, such as sea transportation, sea tourism, port infrastructure development, and sustainable sea management.

If we can differentiate between marine and maritime economics, Indonesia can make optimal use of its natural resource potential and develop different economic sectors to achieve better progress.

Examples of Marine Economics

Marine economic activities are basically activities that produce economic value and the source is marine resources. The following is an example of marine economics and its explanation:

1. Fish Cultivation

Fish farming can easily be done on the coast and near the ocean. There are many natural methods that can be used by fishermen and fish farmers.

Fish cultivation has become a common sight because fish farmers are now very skilled in this business. The potential resulting from fish farming is very promising, so many people want to try cultivating fish by making their own ponds.

Fish farmers are called farmers. Farmers are those who earn a living by farming. Ponds are man-made ponds.

Unlike fishermen, fish farmers do not need to bother looking for fish in the sea even though the ponds they make are generally located near the sea. However, keep in mind that ponds are different from ponds. Ponds have fresh water, while ponds have sea water. The use of ponds is useful for cultivating freshwater fish, while ponds are used as a means for cultivating marine animals such as fish, shrimp and shellfish.

Example of Marine Economics (Pexels)

2. Rehabilitation of Coral Reef Ecosystems

Coral reefs are an example of a marine economy that is no less interesting. This activity is carried out to restore damaged coral reef ecosystems. One of the backgrounds to this activity is economic motivation.

3. Fish Preservation

Fish preservation is an effort to extend the shelf life of fish and fish products using various methods. Methods commonly used include drying, salting, smoking, freezing, canning, and a combination of several of these methods. Usually, fish preservation efforts are carried out in coastal or coastal areas.

4. Shrimp Farmers

There are many types of shrimp in the sea which are a source of wealth in our marine economy. This is a huge potential that can be utilized by fishermen or shrimp farmers.

Especially nowadays, shrimp farming is increasingly popular and easy to find in various areas, especially on the coast and several other areas. For this reason, this example of a marine economy in the form of shrimp ponds is still being preserved.

5. Salt Harvest

One example of economic activity that Mamikos can convey is the salt processing process. It is interesting to know how to process sea water into salt which is used to flavor food because the process is very unique.

Even though the current selling price of salt is not very high, many fishermen who live on the coast still carry out this process. This is due to their easy access to sea water and the relatively simple salt processing process for them.

Example of Marine Economics (Pexels)

6. Shellfish Cultivation

Apart from fish farming, another marine economic activity is shellfish farming. Shellfish are a type of marine animal that has the same potential as other marine products.

There are many types of shellfish that can be cultivated and are liked by Indonesian people. It is not surprising that shellfish cultivation is a promising business opportunity.

7. Seaweed Cultivation

One example of the first marine economy was seaweed cultivation. Seaweed can be considered as one of the marine resources that has great potential and can provide a high economic contribution.

Therefore, quite a few seaweed farmers are moved to conserve and cultivate seaweed. It is not surprising that nowadays you can easily find seaweed farmers drying seaweed along the beaches and coastlines.

8. Floating Market

The floating market is an example of a unique maritime economy for most residents in the capital. This market is an example of economic activity because its activities are related to economic aspects.

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