How Much Does a Shrimp Boat Cost? Real Price Examples from Today’s Market

Hey there! If you’ve been dreaming about starting your own shrimping business or just curious about these amazing vessels, you’re in the right place I’ve done some serious research into shrimp boat prices and let me tell ya – there’s quite a range to consider!

Quick Answer

A used shrimp boat typically costs between $42,500 to $600,000, depending on size and condition. New boats can run close to $1 million. Most commercial shrimp boats are between 25 to 100 feet long.

Detailed Price Breakdown by Boat Type

Here’s what you can expect to pay for different types of shrimp boats:

Small Shrimp Boats (25-40 feet)

• Entry-level fiberglass vessels: $42,500 – $80,000
• Basic commercial setup: $75,000 – $150,000
• Perfect for 2-3 person crews
• Can catch up to 16,000 pounds per trip

Mid-Size Trawlers (41-70 feet)

• Used vessels: $150,000 – $385,000
• Common features:
  • 300-400 HP engines
  • 1,500 cubic ft storage capacity
  • 50-foot riggers
  • Basic crew quarters

Large Commercial Trawlers (71-100+ feet)

• Used prices: $400,000 – $600,000
• New builds: $800,000 – $1,000,000
• Capabilities:
  • Up to 45,000 pounds catch capacity
  • Multiple freezer holds
  • Extended crew quarters
  • Advanced navigation systems

Real Examples from Current Market

Check out these actual listings I found

Used vs. New: What’s the Better Deal?

Used Boats

Pros:

• Way cheaper upfront cost
• Ready to fish immediately
• Already equipped with basic gear
• Proven track record

Cons:

• Higher maintenance costs
• Older technology
• Possible hidden issues
• Less efficient engines

New Boats

Pros:

• Latest technology
• More fuel efficient
• Lower maintenance initially
• Better safety features

Cons:

• Crazy expensive (like, seriously!)
• Longer wait times
• Higher insurance costs
• Steeper depreciation

Hidden Costs You Gotta Know About

Don’t forget these expenses when budgeting

• Insurance: $5,000-15,000/year
• Fuel: Can be $1,000+ per trip
• Crew wages: Usually 35% of catch value
• Maintenance: About 10% of boat value annually
• Licenses and permits: Varies by state
• Docking fees: $200-500 monthly

Making Money with Your Shrimp Boat

Wondering if you can make this investment back? Here’s the scoop:

• Average captain salary: $70,500/year
• Range: $30,690 – $117,310
• Catch revenue split:
  • 65% to boat owner
  • 35% to crew

Pro tip: Smaller boats might be better for beginners. You’ll learn the ropes without risking too much capital!

Is Buying a Shrimp Boat Worth It?

Look, I’ll be straight with ya – shrimp fishing ain’t easy money. But if you’re passionate about it and do your homework, it can be a profitable venture. Here’s what I’d suggest:

1. Start with a smaller used boat
2. Learn the business inside out
3. Build relationships with buyers
4. Understand your local fishing grounds
5. Keep maintenance costs in check

Bottom Line

Getting into the shrimping business is a big investment, but there’s options for different budgets. Whether you go for a modest $42k starter boat or splash out on a $600k commercial trawler, success depends more on your knowledge and hard work than the price tag of your vessel.

Remember, these prices can fluctuate based on market conditions and location. Always get a marine survey before buying, and don’t forget to factor in those ongoing costs!

Need more info about specific models or financing options? Drop me a comment below – I’d love to help ya out!

Note: Prices mentioned are based on current market research as of 2025, but may vary by location and specific circumstances.