Russia’s Federal Fisheries Agency (Rosrybolovstvo) has announced a new set of auctions for access to fishing rights in the country.
Rosrybolovstvo said it has decided to hold electronic auctions on 20 and 21 July to sell rights to harvest multiple species. The auction will consist of 17 different lots, carrying rights for tanner crab, snow crab, whelks, octopus, sea cucumber, kelp, clams, and scallops.
The auction represents the second time Russia has attempted to sell fishing rights, which includes 100 percent of the snow crab quota in the North Okhotsk subzone. It previously tried to auction off the rights on 20 and 21 May but subsequently canceled the electronic auction on 15 May.
Russia has had other similar quotas undergo multiple attempts at auction. In 2024, it tried multiple times to auction rights to crab fishing, but two lots of those auctions failed to attract multiple bidders, forcing Rosrybolovstvo to offer discounts to encourage bidding.
