This paper examines the effectiveness of different management tools, particularly input and quality controls on Bangladesh’s industrial trawl fishery. Results show that the efficiency of industrial trawl fishery comes from multiple owner managed vessels, export oriented vessels and registered vessels that are mainly engaged in double rigger trawling. Results also indicate that freezer vessels with small storage capacity, using small gear are relatively less efficient. This study shows that there is no depletion or reduction in marine fish stock over the period and shrimp vessels are technically more efficient than fish vessels.