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FAF to auction deep water crab shares
INDUSTRY NEWS
January 9, 2021 09:57

At the close of 2020, Russia’s Federal Agency for Fisheries (FAF) ordered that an electronic auction be held for the sale of deep water crab quota shares, reports Megafishnet.com.

Vladivostok-based Crab Catchers Association extends activities to Murmansk
COMPANY UPDATE
January 8, 2021 22:25

Crab Catchers Association (CCA) based in Vladivostok has widened the geography of operations to Murmansk, another important region for red king crab and snow crab fishery in Russia, reports Megafishnet.com.

Russia to test fishing vessels electronic catch data exchange with Norway and the Faroe Islands
INDUSTRY NEWS
January 8, 2021 09:58

Russian fishing vessels will start testing two-way electronic data exchange on fishing activities with Norway and the Faroe Islands in 2021, reports Megafishnet.com.

Winners of crab quota auctions granted allocations for 2021
INDUSTRY NEWS
January 8, 2021 09:40

Russia’s Federal Agency for Fisheries (FAF) has distributed crab fishing quotas for investment purposes among the auction winners for the year 2021 in the Russian Far East, reports Megafishnet.com.

Government to tighten control of foreign investor powers in Russian fishing companies
INDUSTRY NEWS
January 6, 2021 20:12

In late December 2020, the Russian government law drafting commission gave consent to the bill designed to reduce the risks of unauthorized foreign control in the fishery industry as one of the sectors with strategic importance for defense and security of the state, reports Megafishnet.com.

Further sector reforms remaining on agenda of President’s Administration
INDUSTRY NEWS
January 6, 2021 00:25

Despite massive opposition from the fishery industry and a number of other stakeholders, the proposals of the Russian Fishery Company (RFC) to reform the sector’s taxation and boost the quota allocation efficiency still remain on the agenda of the President’s Administration, reports Megafishnet.com.

Chile and Russia discussing seafood export issues and fishing opportunities
INDUSTRY NEWS
January 5, 2021 01:00

In late December Chilean and Russian officials held video talks to discuss seafood export issues and fishing opportunities, reports Megafishnet.com.

Russian Fishery Company keeps rights to MSC label
COMPANY UPDATE
January 5, 2021 00:10

On December 30, 2020, the companies belonging to the Russian Fishery Company Group were restored to the list of entities eligible for  MSC certificate, reports Megafishnet.com.

Kamchatka building infrastructure to ship fish along Northern Sea Route
INDUSTRY NEWS
January 4, 2021 14:14

For the Kamchatka Territory, the development of the Northern Sea Route is of a strategic nature, as it opens up new opportunities for the region not only in the transportation of fish products, but also other important cargoes for the region, reports Megafishnet.com.

Russian fishing giants mulling new vessels to tap huge krill resource
INDUSTRY NEWS
January 3, 2021 22:08

Russia’s Federal Agency for Fisheries (FAF) is working on various support measures encouraging big Russian fishing companies to build dedicated new vessels and resume krill fishery in the Antarctic where the nation’s catch is expected to reach some 300 KT in the next four to five years, reports Megafishnet.com.

North Fisheries-based Companies getting investment fishing quotas 2021
INDUSTRY NEWS
January 3, 2021 14:21

In Murmansk-led North Fisheries Basin eleven companies have received investment quotas for cod and haddock fishery in 2021, reports Megafishnet.com.

Happy New Year!
INDUSTRY NEWS
January 1, 2021 08:40

May New Year 2021 bring success to seafood businesses! 

Draft road map to help reduce fish shipping costs along Northern Sea Route
INDUSTRY NEWS
December 25, 2020 09:50

Russia’s Federal Agency for Fisheries (FAF) has drafted a Road Map designed to help reduce fish shipping costs from the Russian Far East to the country’s West while also aiming to boost the volumes shipped along the Northern Sea Route (NSR), reports Megafishnet.com.

Stopping frozen fish processing in Dalian paralyzed Russian fish unloading
MARKET
December 23, 2020 13:50

December 22 early morning was a shock for fish processing stakeholders in the city of Dalian, China.  The local government ordered to shut down 75 fish processing factories in Zhuanghe area and frozen cargo operations in ports.  Actually, the "new" port of Dayowan and two cold storages there were closed from December 15, reports Megafishnet.com.

Shanghai luring Russian fishermen to jointly develop the Chinese market
INDUSTRY NEWS
December 17, 2020 09:54

Shanghai businesses are keen to switch Russian fish export flows to this world’s largest sea port. This message was probably central in the address of the Executive Secretary of the International Trade Department of the Chinese Fishing Industry Association, Lin Yushun, during the online business mission of Russian fish producers, reports Megafishnet.com.

$56 million terminal to lure boats from Norway and Europe back to Murmansk
COMPANY UPDATE
December 17, 2020 09:29

The Udarnik terminal, which is being implemented by Norebo Group of Companies, has been included in the forecast of socio-economic development of Murmansk Region for 2021-2023. The province’s authorities are backing the project because its launch is to shift maintenance of Russian fishing vessels and international sales of Russian fish products from the ports of Norway and Europe to Murmansk, reports Megafishnet.com.

Kamchatka ends year with good modernization record
INDUSTRY NEWS
December 17, 2020 00:33

Kamchatka, Russia’s province making up to 30 % of the country's catch, is winding up 2020 with an impressive record of commissioned onshore plants and newly-built fishing vessels, reports Megafishnet.com.

Prices of South Korean imports of live snow crab on a rise
MARKET
December 15, 2020 14:06

There was still no significant acceleration in shipments of live snow crab to the South Korean market in October while in the recent months Russia has remained nearly the only source of live snow crab for the country, reports Megafishnet.com.

Aquaculture sites distribution by electronic auction set for expansion
AQUACULTURE / FISH FARMING
December 13, 2020 20:08

The Ministry of the Russian Federation for the Development of the Far East and the Arctic has submitted for discussion a draft government decree that would extend the successful experience of the Russian Far East in the formation and distribution of aquaculture sites to the North Fisheries Basin, reports Megafishnet.com.

Russian fish farmers getting extra protection through subsidized insurance
AQUACULTURE / FISH FARMING
December 13, 2020 00:14

In 2020 Russian fish farmers have been able to get relief under the extra protection through subsidized insurance extended to aquaculture as of 1st January 2019, reports Megafishnet.com.

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