Russian crab companies are facing a $5 billion problem

The financial burden on the winners of recently held crab auctions could cripple companies over the next 15 years.

What has long been considered a lucrative endeavor, crab fishing in Russia is losing its luster.
What has long been considered a lucrative endeavor, crab fishing in Russia is losing its luster.Photo: Bertil Jonsson / Shutterstock.com
Published 7 November 2023, 19:38Updated 7 November 2023, 19:38
King crabOpilio crabSnow crabRussiaRosrybolovstvo