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Russian Aquaculture's Board of Directors re-elected Ilya Sosnov as CEO
COMPANY UPDATE
July 4, 2021 23:14

Russian Aquaculture's Board of Directors has re-elected Ilya Sosnov as the company's CEO until 2024, reports Megafishnet.com.

 

Russian Aquaculture Company to expand and extend $12 million share buyback program
AQUACULTURE / FISH FARMING
July 4, 2021 23:01

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.

 

Russian President signs Law on tax exemptions and preferences for aquaculture
AQUACULTURE / FISH FARMING
July 4, 2021 22:48

President Vladimir Putin has signed a federal law that establishes value-added tax benefits for aquaculture, reports Megafishnet.com.

 

Major retailer launched centralized production of ready-to-cook foods
INDUSTRY NEWS
July 3, 2021 00:55

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.

 

First batch of shrimp from DEFA stocked in St. Petersburg
COMPANY UPDATE
July 3, 2021 00:42

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.

«A lot of salmon» company launching first own dark kitchen in St. Petersburg
COMPANY UPDATE
July 3, 2021 00:06

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.

 

The Сhinese vannamei import market is in a mess!
INDUSTRY NEWS
July 1, 2021 07:00

Indian vannamei shortage in China, the importers and processers suffered a lot due to the supply issue and the temporary restriction.

Eastern Yard preparing to launch second crab boat
COMPANY UPDATE
June 29, 2021 00:44

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.

 

Northern Shipyard building 14 fishing vessels
COMPANY UPDATE
June 26, 2021 00:34

At the moment the St.-Petersburg-based  is building 14 fishing vessels with all boats being at different stages of construction, reports Megafishnet.com.

 

Region’s government puts up for sale major Chukotka quota holder
INDUSTRY NEWS
June 26, 2021 00:05

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.

 

Big upgrade for Murmansk Fish Port on agenda
COMPANY UPDATE
June 25, 2021 09:51

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.

 

New multi-temperature refrigeration complex will run on carbon dioxide
COMPANY UPDATE
June 25, 2021 09:31

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.

 

Awards for Omega-3 dietary supplement from wild Kamchatka salmon
COMPANY UPDATE
June 25, 2021 09:10

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.

 

Murman Seafood to boost output of newly-built factory
COMPANY UPDATE
June 25, 2021 00:48

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.

 

NORWEGIAN yard’s reputation loses glitter with Murmansk owners?
INDUSTRY NEWS
June 24, 2021 13:58

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.

 

Murmansk fishermen want longer fishing quotas
INDUSTRY NEWS
June 23, 2021 00:39

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.   

 

Russia getting law on green agricultural products
INDUSTRY NEWS
June 17, 2021 09:18

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.

 

Sakhalin to invest more than 15 billion rubles in fish hatcheries and fish processing plants
INDUSTRY NEWS
June 17, 2021 09:04

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.

 

Prices for fish products from Russian Far East remaining stable in mid-June
MARKET
June 16, 2021 16:54

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.

Atlantic salmon from Chile appreciating at St-Petersburg’s wholesale seafood market
MARKET
June 16, 2021 16:50

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.

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