Proceeds from Russia's $2.2 billion crab quota auction will fund fleet improvements, logistics infrastructure upgrades

The winners will have to build new crabbers and logistics centers.

Rosrybolovstvo plans to use the income from the auction to continue updating the crabbing fleet and developing the country’s logistics infrastructure in the Far East.
Rosrybolovstvo plans to use the income from the auction to continue updating the crabbing fleet and developing the country’s logistics infrastructure in the Far East.Photo: Antey
Published 24 October 2023, 05:01Updated 24 October 2023, 05:01
CrabRussiaRosrybolovstvoRussian Crab GroupAntey