Swimming Against the Tide
Russian Crab and Antey, two prominent Russian crab-catching companies, signed an agreement with a Russian government agency to invest 224 billion roubles ($2.3 billion) to build 18 crabbers in the next few years and expand the Far East’s coastal processing infrastructure. Under the agreements signed during the Vladivostok Economic Forum, Antey intends to build eight crabbers and launch two port complexes housing fish processing infrastructure. Russian Crab plans to add ten new vessels to its fleet. Russian crab currently runs a fleet of 37 vessels, Antey has 52 in operation. Both companies participated in the first round of the crab auctions. Photos, more, >>click to read<< 09:01
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