Russia is now in the midst of a grand restructuring of its seafood sector. From massive investments in infrastructure to overhauling fisheries laws to efforts to boost domestic and overseas markets for its products, Russia’s government is pouring resources into reviving and invigorating all aspects of its fisheries economy. SeafoodSource has undertaken an in-depth, two-part investigation of Russia’s efforts. Part two of this series
… Read MoreRussian President Vladimir Putin has extended the ban on import food from the European Union, the United States, Canada, Norway, and Australia through the end of 2019, giving the Russian seafood sector gets another year-and-a-half to become more competitive
… Read MoreRussia’s Federal Agency for Fisheries has called for fishing companies in its Far East region to build additional fleet capabilities and processing facilities in order to maximize its catch of what is expected to be an unprecedented salmon season this year
… Read MoreRussia’s government has introduced a tax reform proposal in order to encourage national fisheries to sell more seafood on the domestic market and export products with more added value.
During a recent session of its Public Industry Council, Russia’s Federal Agency for Fisheries formally introduced a legislative initiative to change the Water Biological Resources (WBR) tax and the practice of its application aimed at getting the
… Read MoreRussian Kuril Islands-based Gidrostroy group of companies has reportedly closed a deal to purchase its competitor, Preobrazhenskaya Basa Tralovogo Flota (PBTF), making it one of the biggest players in the Russian fishery industry.
Gidrostroy, via its subsidiary Ostrov Sakhalin, acquired a 96.38 percent stake in PBTF, Russian business paper Kommersant reported. The sellers were Irina Gerasimenko, Olga Kravchenko, and Nikita Kozhemayko
… Read MoreRussian and Canadian scientists have agreed to jointly research salmon migration and reproduction in the North Pacific, with a special focus on how the climate change affects species stocks.
The agreement was made at the 26th session of the North Pacific Anadromous Fish Commission (NPAFC), which took place in Russian city of Khabarovsk at the end of May. It emerged from a larger meeting of scientists from the commission’s member states
… Read MoreAt Seafood Expo Global in Brussels, Belgium in 2017, Ilya Shestakov, chairman of Russia’s Federal Agency for Fisheries, laid out his country's ambitious agenda to expand his country’s total catch and seafood production.
At this year’s event, Shestakov said that plan was running into headwinds due to infrastructure – in particular, the aging of the country’s fleet.
“[The] fleet is increasingly becoming a
… Read MoreThe board of directors of Russia’s fishery scientific institutes has approved an increase of total allowable catch (TAC) for cod in two of the country's designated fishing zones
… Read MoreIlya Shestakov, the head of Russia’s Federal Agency for Fisheries, has proposed organizing seasonal fish festivals to help promote seafood products – in particular, those in lesser demand
… Read MoreRussian and Norwegian fishery authorities have agreed to consider the possibility of an increase in the limits of the snow crab catch in the Barents Sea twofold over its level
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