Ivan Stupachenko is a Russian freelance business writer reporting from St. Petersburg for Russian and international publications on various topics. He has been a print and an online journalist for 18 years at business newspaper Kommersant. Ivan also works as an editor for St. Petersburg Travel Guide and writer for Business St. Petersburg, the city’s biggest business publication
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On 9 March, Russia announced an auction for the last lot of investment quotas for deep-water crab. The event, to be held in early April, will officially complete the crab quota reform begun in 2019 ...
Photo courtesy of Alexey
… Read MoreThe Russian government is continuing to seek solutions to address an excessive supply of pollock stemming from the near-closure of the Chinese market.
In January, Chinese customs authorities announced a tightening of inspections after they claimed to have found live strains of COVID-19 on the packaging of seafood imported from Russia.
Even though Russian watchdog government bodies have upped their own inspections of
… Read MoreRussia’s pollock season, which began on 1 January, is in serious jeopardy as its primary market, China, has shut out Russian imports, citing COVID-19 safety measures.
Russia sells to 61 percent of its national seafood exports – worth nearly USD 3.3 billion (EUR 2.74 billion) – to China, with Russia's pollock exports to China worth USD 580 to USD 600 million (EUR 482 to EUR 499 million).
The Chinese market became
… Read MoreA subsidiary of the Russian Aquaculture group of companies has received the government’s support for its plant to build a salmon and trout smolt hatchery in the Russian Arctic. …
Photo courtesy of Russian
… Read MoreCommercial fishing in the Caspian Sea – the largest inland water body on the planet – has resumed and is producing at better-than-expected levels.
Last year brought results exceeding those of 2019 – the first year fishing of certain key species had been allowed in the sea for years. Now, scientific forecasts and recommended harvests for 2021 have increased further still, making the sea a potential growth area for Russia's
… Read MoreThe Russian Research Institute of Fisheries and Oceanography (VNIRO) published its preliminary forecast for the 2021 salmon season, which starts on 1 June in the seas of Russia’s Far East …
Photo courtesy of Konstantin
… Read MoreRussia’s antitrust regulator, the Federal Antimonopoly Service (FAS), has opened a case against the Pollock Catchers Association (PCA) and several of its members over allegedly anticompetitive conduct.
The plaintiff in the case is the Russian Fishery Company (RFC), which has been in conflict with PCA since late last year, when it was ousted from the association.
According to FAS case documents, the PCA possibly violated a clause
… Read MoreNakhodka Active Marine Base (NBAMR) and Okeanrybflot – two fisheries in Russia’s Far East – have allegedly merged. If reports are accurate, the merger has created a company possessing the largest quota in the sector, with fishing rights for more than 460,000 metric tons (MT) a year.
Business paper Kommersant wrote that since December 2020 Okeanrybflot has been owned by “the same beneficiaries which own NBAMR,”
… Read MoreRussia has introduced plans to undertake a modernization of its scientific fleet, with the goal of obtaining more accurate stock and biomass counts and predictions for catch totals.
Ultimately, the goal is to boost the country's fishing ambitions, which extend beyond Russia's own waters.
Since 2014, when Russia banned food imports from many Western countries – a ban it recently extended through late 2021 – Russia
… Read MoreThe Russian Federal Agency for Fisheries and World Wildlife Fund (WWF) Russia have signed an agreement outlining safeguards for Russia's marine biological resources and the environment.
Signed by Russian Federal Agency for Fisheries Head Ilya Shestakov and WWF-Russia Director Dmitry Gorshkov, the document also calls for closer efforts between WWF and the Russian government to study marine life and find more
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