Russian shipyard starts work on Norebo's third $60 million factory trawler

for the distribution of investment quotas for pollock and Pacific herring recently held by the Federal Fisheries Agency, Rosrybolovstvo," Norebo was recently awarded investment quotas for pollock and Pacific herring, and expects to formally ink the deal this month, Sergey Sennikov, a spokesman for Norebo

Fisheries  intrafish.com 06 Aug 08:30 GMT

Russia planning to triple value-added pollock production

-funded investment quota program. It is expected to lead to a sharp shift towards value-added pollock production.

Fisheries  intrafish.com 17 Jul 04:22 GMT

Russian Fishery building four additional fishing vessels, one processing plant

catch quota for cod and haddock will increase by 1,000 metric tons with the new plant. The quota increases will be enabled through the state’s investment quota program, the government’s initiative to incentivize companies to increase fishing and processing capacity with domestic contracts. “Today we can confidently talk about the effectiveness of the mechanism of investment quotas,” said RFC CEO Fedor Kirsanov. The new vessels will be built at the Admiralty

Fisheries  intrafish.com 01 Jul 11:35 GMT

Russian Fishery CEO: New high-tech plant part of major pivot to value-added

being built within the framework of the federal program of investment quotas for the construction of fishing vessels and fish processing plants. As part...has been approved for participation in the auction in the framework of the state investment quotas program. Russian Fishery is among the country

Processor  intrafish.com 19 May 21:29 GMT

Russian shipyard launches new value-added groundfish vessel

€160 million ($188.8 million). The construction of these new vessels has already been supported by Russia’s state investment quota program.

Fisheries  intrafish.com 10 Apr 07:50 GMT

Russian Fishery kicks off construction of second new super-trawler

is a clear confirmation of the effectiveness of the state program of investment quotas." Russian Fishery began the construction of the first trawler as part of this series in January. The company will build six vessels at the shipyard, a response to the country’s investment quota initiative, a

Fisheries  intrafish.com 08 Apr 11:19 GMT

Keel for third whitefish longliner-processor laid for Russian fishing company

Severnaya Verf through the state investment quota program, through which Severnaya Verf is actively involved in updating the country’s fishing fleet. In

Fisheries  intrafish.com 03 Apr 04:06 GMT

Russian crab giant mulls extension of whitefish business

considering obtaining investment quotas as a necessary condition for the construction of the new fishing vessels. To meet the requirements of Antey, Rosrybolovstvo is working out amendments to the fisheries legislation, allowing investment quotas for demersal species to be increased. According to Rosrybolovstvo, an increase could be provided for species such as cod, flounder, greenling, squid, grenadier, navaga and halibut. “The total volume of investments

Fisheries  intrafish.com 27 Mar 05:41 GMT

Second new trawler laid for Russia’s Norebo Group

be designed for pollock and herring catching in the Okhotsk and Bering Seas. “We are expecting auctions for the distribution of investment quotas for..., Rosrybolovstvo, and obtaining investment quotas, the first vessel will be laid next year, with all four trawlers for Norebo’s Far East fishing companies being...scheduled for delivery between November 2020 and August 2022. The construction of these new vessels has already been supported by Russia’s state investment

Fisheries  intrafish.com 25 Mar 07:43 GMT

Russian cod fillet output primed for significant growth

expected thanks to the government’s investment quota initiative, said Sennikov. The measure is an attempt by the government to increase domestic processing capacity by allocating additional quotas to those companies who commission new fishing vessels in the country. In 2018, investment quotas were allocated to

Processor  intrafish.com 13 Mar 12:00 GMT