New Sakhalin’s hub to handle one million tons of seafood

September 6, 2021 00:39

New hub is to be built in the Port of Korsakov (Sakhalin) to win a large share of logistic services market the Russian fishing vessels have been creating in harbors of the neighboring countries, reports   

According to the Sakhalin’s government, the annual turnover of the logistics distribution center will be about one million tons of fish and seafood. The appearance of such a large facility on Sakhalin will create additional jobs and provide tax revenues to the local and regional budgets. The project will be implemented by the Ministry of the Russian Federation for the Development of the Far East and the Arctic, the Government of the Sakhalin Region, the companies Gidrostroy and Antey Asset Management. The cooperation agreement was signed on the sidelines of the Eastern Economic Forum in Vladivostok.

Seven billion rubles (ca.$96 million) will be invested in the development of the project on the basis of the existing Korsakov seaport. The logistics distribution center will include a fish processing plant with a capacity of up to 100 thousand tons of finished products per year, a fishmeal and fishoil plant, cold stores for 10 and 5 thousand tons, a cargo container platform and administrative buildings. The unified electronic trading platform "Fish Exchange" will bring together customers and suppliers of marine biological resources and fish products. It is estimated that the annual turnover will reach one million tons.

The creation of the center is an integral part of a large – scale investment project to modernize the Korsakov seaport by 2027, when the facility is to turn into a multifunctional deep-water hub with full-profile wave protection structures and a container terminal.

– The Far Eastern Seas are among the richest areas of the World Ocean. Only Sakhalin fishermen harvest more than 600 thousand tons of fish and seafood per year. But due to the lack of modern capacities for receiving, processing and storing aquatic biological resources, the catches of the Russian Far East go to foreign ports, for example, to Busan, Korea. The logistics distribution center in Korsakov will help return domestic business to the Russian territory, to Sakhalin. Together with it, new jobs will come, additional budget revenues will be received, the production base will be developed – " said the governor of the Sakhalin Region, Valery Limarenko.

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