Tag Archives: Federal Agency for Fisheries
Crab Goes to Auction Again
Russia’s Federal Agency for Fisheries has rolled out plans to run a second round of crab quota auctions. This is not likely to happen soon, as among other reasons, because there is simply no capacity to build crabbers in Russia’s Far East. ‘Federal Agency for Fisheries is working on the second round of crab auctions,’ confirmed the Agency’s director Ilya Shestakov, adding that just like during the first round, quotas are planned to be sold with “investment liabilities.” It is estimated that the first-round winners embarked on the construction of 35 crabbers with a total value of 57.4 billion rubles ($800 million). >click to read< 13:50
Russia Sells Deep Sea Crab Quota
On the fourth attempt, the Russian government has found a fishing company willing to buy deep-sea crab quotas, but Far Eastern fishermen expect this will be a hollow victory. Deep-sea crab quotas have been a headache for the Russian authorities for the past year. The Federal Agency for Fisheries ran three auctions since October of 2019, but each time with no bidders. The idea of selling crab quotas through auctions have been consistently criticised by Russian fishermen, as wreaking havoc on the entire industry. >click to read< 12:28
