Ivan Stupachenko

Russian fishing companies have initiated a drive to support the development of the country’s boatbuilding and repair sector.

Delays at Russia's shipyards have become a bottleneck in the renovation of the country's fishing fleet, a major objective of the federal government, which has offered aggressive incentives to replace old vessels, including additional quotas for pollock and crab for companies that build new vessels at

Russian fishery scientists and seafood companies are working on a strategy to safeguard stocks of halibut as the species continues to see declines in total allowable catch.

Earlier this month, Russia’s Ministry of Agriculture rolled out new regulations to limit fishing of the species during its season – which runs for three months beginning in October. The halibut fishery in Russia is relatively small in volume compared to

Russian Fishery Company isn’t letting a sudden blockage of the Chinese market stall its ambitious growth plan.

In the past month, the Vladivostok, Russia-based fishing powerhouse has signed several significant partnership agreements that will expand its fleet and has realigned its own supply chain to more effectively ship its seafood products to more markets.

In early September, it signed milestone agreements with the Far East and Arctic

The Russian Federal Agency for Fisheries and the Federal Penitentiary Service of Russia have signed an agreement to use inmates in the national prison system for seafood production.

The food-production program will also offer prisoners more seafood options, better meeting the nutrient needs of those behind bars, according to the two agencies.

The agreement has two main areas for cooperation: the establishment of production facilities and the

Two Russian fisheries – shrimp and walleye pollock – have obtained full Marine Stewardship Council (MSC) certification and a right to use the eco-label on their products.

The two products are primarily exported to European and Asian markets. Increased demand for the products in those markets, which often require MSC certification, led to the two Russian client groups pursuing the certification.

The client for Barents shrimp,

The long-term consequences of a poor salmon season in Russia last year are starting to show as prices for salmon roe are rising.

The Russian Federal Agency for Statistics said prices for salmon roe began to rise in June 2020. In November 2020, the price exceeded RUB 4,000 (USD 54.25, EUR 46.10) per kilogram. In April 2021 prices reached a peak, the agency said, reaching RUB 4,700 (USD 63.75, EUR 54.39) per kilogram – up 30 percent compared