A powerful new player has emerged out of the results of controversial government-run auctions for crab quotas in Russia.
Gleb Frank is now being referred to as “The Crab King” by Russian media outlets after his company, Russian Fishery Company (RFC), won more than one-third of the quotas up for auction in October. The auctions, which collectively handed out 15-year fishing rights to around 50 percent of Russia’s total allowable… Read More
Fishermen from North Korea have been illegally catching a wide range of species near the shores of the Russian Far East for more than three decades. But this year has seen much more activity, with record numbers of poachers arrested and illegal ships seized.
The sheer number of North Korean vessels fishing illegally is preventing Russian companies from fishing and may eventually cause an ecological disaster, according to the Primorye Fisheries… Read More
Russia intends to make black caviar a more significant source of export revenue, but it is facing what it calls unfair competition from falsely labeled imports at home, which is both decreasing the income of local producers and creating a warped perception of the product among consumers, according to the Russian government.
Russia annually produces around 40 metric tons of black caviar derived from sturgeon. After the introduction of a fishing… Read More
Russia’s government may consider dropping the restrictions imposed by federal law on fishing by non-Russian companies in the country’s waters.
Russia’s Federal Fisheries Agency Head Ilya Shestakov’s – at a discussion panel he was chairing titled “The capitalization of the fishery industry” at the third Global Fishery Forum in St. Petersburg, Russia – suggested potentially changing federal… Read More
The Russian Federal Agency for Fisheries and Russian Fishery Company (RFC) signed agreements on investments quotas allocated to the company for building new fishing vessels and an onshore plant.
The documents were signed by Ilya Shestakov, head of the Fishery Agency, and Fedor Kirsanov, CEO of RFC, during the Eastern Economic Forum held in a city of Vladivostok.
Investment quotas is an incentive mechanism introduced by Russian… Read More
The Russian government has decided to take increased measures against illegal sales of salmon roe, which often involve fraudulent schemes. Authorities want more transparency throughout the product’s trade and financial flow, and more taxes paid to the state’s budget as a result.
Passenger luggage a key target
In 2018, Russian fisheries caught record volumes of salmon totaling 676,000 metric tons (MT). This… Read More
A new aquaculture operation is planned for the Russian region of Vologda in 2020, and it will be the first recirculating aquaculture system (RAS)-based farm in the country.
Aquaproduct is planning the facility, which held a groundbreaking in the town of Gribkovo, roughly 500 kilometers from Moscow. According to the company, the facility has a projected annual capacity of 2,500 metric tons (MT) of Atlantic salmon; the company claims that the feed… Read More
Russian vessels will resume fishing in the Guinea exclusive economic zone in 2020, following the signing of a new agreement between the two countries.
Following up on a fishery cooperation agreement signed last year between Russian and Guinea, Ilya Shestakov, head of Russia's Federal Agency for Fisheries, and Guinean Minister of Fisheries, Aquaculture, and Maritime Economy Frederique Loua signed the agreement after negotiations during the III… Read More
Welcome to Part II of SeafoodSource’s series investigating the factors contributing to what has become one of the primary obstacles of development for Russia’s seafood sector at large: a lack of skilled labor.
The initial installment of this two-part series, “Workforce shortage stalemating progress for Russian fisheries,” focused on the histories that have informed – and hindered – Russia’s fisheries… Read More
Fishermen are in short supply in Russia now, which may hold up the country’s efforts to beat new catch records as well as delay the effects of government-initiated incentive programs aimed at renewing fleets and beefing-up seafood processing facilities.
In this series, SeafoodSource investigates the factors contributing to what has become one of the primary obstacles of development for Russia’s seafood sector at large: a… Read More