The Russian pollock sector's strategy to export less headed and gutted (H&G) pollock and increase domestic production of single-frozen blocks and value-added products is picking up pace, and some market watchers now project Chinese reprocessing of Russian pollock could end entirely within the next five years.
Russia’s federal fishery agency Rosrybolovstvo launched its state investment quota program in 2018 in a bid to modernize the country’s fishing industry.
The program, which allows companies to gain quota if they invest in domestically built vessels and factories, has yielded impressive results, and has seen Russian companies launch or put bids out for several state-of-the-art vessels and onshore processing factories.
