Fish industry news

Export from the Russian Far East in August has been following a fairly traditional pattern as it has included such regular commodities as pink salmon, drifter caught chum, sockeye, coho, salmon roe, some crab and naturally Pollock, reports http://www.megafishnet.com/

The Russian government says that they are pleased with the results of the recent decision to abolish customs payments on fish and seafood, caught within the country's 200-mile economic zone. Allegedly, this has increased the supply to the domestic market, according to www.megafishnet.com.

Murmansk-based fish fillet factories pay more than foreign buyers for Russian-caught haddock while cod catches will continue to be overwhelmingly shipped for export, according to http://www.megafishnet.com/

The wholesale prices for pink salmon from Kamchatka and Sakhalin catch have reached the bottom in Vladivostok and bounced back in a jump-style fashion with the situation in Sakhalin fishery behind the expectations of the market players. Also foreign buyers have gone ahead with inspections of salmon in the ports of the Russian Far East, according to http://www.megafishnet.com/

In volume terms, Kamchatka has made the greatest contribution to another record salmon catch emerging at the current season in the Russian Far East. However the market players say that the quality of pink salmon (the most popular product for the Russian market) is best with the fish originating from Sakhalin and Magadan salmon fisheries, according to http://www.megafishnet.com/

In 2011 Russian domestic price for squid product soared up. Why? What are the inputs of domestic production and the role of imported product? What will the situation be in future? Can the problem be solved? The answers to these questions are given by http://www.megafishnet.com/ as perceived by an expert in the trade.

The working group has finished preparation of the draft Law on Aquaculture in Russia for the second reading in State Duma (Russian Parliament), according to http://www.megafishnet.com/

In the near future deep fish processing will be developed in Russia at a much greater rate and big retailers are already mulling over using their logistic powers in order to trigger the process from their end, reports www.megafishnet.com.

The Russian market for salmon processing machinery is far from saturation and, profiting from this opportunity, Vladivostok-based Process Equipment Co., Ltd ("Tehnologicheskoye oborudovanije" Company in Russian) has been doubling or even tripling manufacture and sales of separate machines as well as complete plants in the last few years, reports www.megafishnet.com.

On July, 28 "Russian Sea" Company ("Russkoje More") launched a fish processing shop at their Segozerskoje trout farm in Karelia, according to http://www.megafishnet.com/

Fishing Industry development Commission of the Government of Russian Federation decided to continue work at Plan of IUU fishery fighting. It was decided at the meeting on August, 9 under guidance of First deputy prime-minister of Russia Victor Zubkov. This is reported by to http://www.megafishnet.com/

The recent cut of import quota for pork and poultry for 2012 will decrease meat consumption and respectively increase fish market, Timur Mitupov, head of Analysis Centre of Russia's Federal Fisheries Agency's Information Division told http://www.megafishnet.com/

The first shiploads of salmon products from the Russian Far East are on the way to St. Petersburg port (normally Russia's main port of entry for imported fish) via the Northern Sea Route (also known as Northeast Passage) as opposed to the usual practice of shipping from Vladivostok by the railway, according to http://www.megafishnet.com/

The 6th Fishermen Congress will be concentrated on Aquaculture, Responsible Fishing and Food security. Those problems will be discussed at round tables at the Congress, which will take place on September, 6‑7 in Vladivostok. The major theme for the event will be "Fishery modernization - targets, conditions, moving force", according to http://www.megafishnet.com/

Highlights - first quarter 2011 and half-year report 2011

One of the world's leading seafood companies based in Canada reports 2nd quarter 2011 results