Understanding the Potential Economic Impacts of Sinking Ships for SCUBA Recreation

Understanding the Potential Economic Impacts of Sinking Ships for SCUBA Recreation

Primary Country: United States
Ecosystem: coral reef
Sample Value Estimates:
  1. CS per person per day for diving at the Yukon ship to reef site in Southern California (b) NPV of potential annual expenditures associated with the sunken ship (c) NPV of potential non-market value of the sunken ship
  2. $46 million : NPV of expenditures associated with Yukon ship to reef site in Southern California
  3. $13 million: Net present non-market value of the sunken ship
Region: Americas / Pacific
Data source: National Ocean Economics Program

Publication information

Pendleton, L. “Understanding the Potential Economic Impacts of Sinking Ships for SCUBA Recreation” Marine Technology Society Journal 39(2): 47-52., 2005

Addtional Notes

The cost to prepare a ship for reefing can range from $46,000 to $2 million, depending on the size of the vessel (Hess et al. 2001).

Information provided when available, for more information please visit the original database or PDF.