With costs soaring and delays mounting because of sanctions, Russia's fleet renewal program is failing to deliver

Fishermen fear fishing vessels under construction through the state investment quota program will never get built.

'Sanctions have complicated the situation,' German Zverev, president of VARPE admitted.
'Sanctions have complicated the situation,' German Zverev, president of VARPE admitted.
Published 20 December 2022, 09:17Updated 20 December 2022, 09:17