Fish industry news
Russian Aquaculture's Board of Directors has re-elected Ilya Sosnov as the company's CEO until 2024, reports Megafishnet.com.
In early July the Russian Aquaculture Group of Companies (the "Company") (MOEX: AQUA), the largest Russian company in the commercial fish farming (aquaculture) sector, announced an increase in the volume of the share repurchase program, reports Megafishnet.com.
President Vladimir Putin has signed a federal law that establishes value-added tax benefits for aquaculture, reports Megafishnet.com.
Lenta (MOEX & LSE: LNTA), one of the largest retail chains in Russia, has launched centralized production sites in distribution centers in Moscow Region, Novosibirsk and Leningrad Region surrounding St. Petersburg, reports Megafishnet.com.
Russia’s major importer DEFA Group has notified buyers that as per early July the first batch of northern shrimp Pandalus borealis, caught by its own Arctic Lion shrimper in the Barents Sea, has arrived at the company's coldstore in St. Petersburg, reports Megafishnet.com.
Russia’s retailer X5 Group has announced plans for further development of the «A lot of salmon» and the beginning of its operations St. Petersburg, reports Megafishnet.com.
Indian vannamei shortage in China, the importers and processers suffered a lot due to the supply issue and the temporary restriction.
The Eastern Yard based in Vladivostok has completed the formation of the hull of the second crab boat of project 03141 and on June 21 rolled the vessel out of the boathouse for painting the hull and further launching, reports Megafishnet.com.
At the moment the St.-Petersburg-based is building 14 fishing vessels with all boats being at different stages of construction, reports Megafishnet.com.
As part of the state property privatization program, on August 9, 2021, Chukotka government plans to sell 100% of the shares of its JSC "Chukotrybpromkhoz", the key enterprise of the Chukotka fishing industry, reports Megafishnet.com.
The Murmansk Sea Fish Port will receive new modern coldstores and a container site as part of its modernization plan, announced the head of Federal Agency for Fishery (FAF) Ilya Shestakov during a working visit to the Murmansk region, reports Megafishnet.com.
The first multi-temperature refrigeration complex using CO2 refrigerant will appear near Vladivostok. The project is being implemented by the Delta-Service company, reports Megafishnet.com.
The biologically active food additive Omega-3 manufactured by the Tymlatsky fish processing plant has won gold and platinum awards of the All-Russian brand (III millennium) "Quality Mark of the XXI century", reports Megafishnet.com.
Within the next year, a major fishing and processing company Murman Seafood LLC is going to take its newly-built fish processing complex in the city of Kola to full capacity of 20 thousand metric tons of raw material per year. A fish meal plant is another immediate objective for the business, reports Megafishnet.com.
The sinking of Russian "Melkart" trawler during docking at Norway’s Kimek shipyard in March earlier this year may be a blow to the reputation of the facility until now doing a very good business with Murmansk fishing fleets, reports Megafishnet.com.
The delays of the newbuildings constructed under the investment quotas and the resulting costs for the fishermen have led to ideas that it would be fair to extend the validity of the investment quotas from 15 to 20 years, reports Megafishnet.com.
Vladimir Putin signed Federal Law No. 159-FZ dated 11.06.2021 "On agricultural products, raw materials and food with improved characteristics", the legislation also applying to the fish industry, reports Megafishnet.com.
In the coming years, Sakhalin’s fishery industry is going to implement 14 processing and ranching projects with a total investment value of more than 15 billion rubles (ca. $210 million), reports Megafishnet.com.
As per mid-June 2021 the first hand prices for quite a number of products from the Russian Far Eastern Fisheries stay unchanged from May, reports Megafishnet.com.
As per mid-June 2021 the wholesale market at St. Petersburg (Russia’s main entry port for imported seafood) is displaying increased prices for Atlantic salmon originating from Chile, reports Megafishnet.com.