Russian Crab Industry Struggles with Investment Pressures Amid Falling Demand and Export Limits
Quotas for Kamchatka crab in the Barents Sea will be sold at a reduced price at the end of November, as the planned auctions for the sale of quotas for catching crab in the Northern Basin, which was scheduled for November 13, will not take place due to the lack of applications.
According to the documentation on the Russian Auction House (RAD) website, the latest auctions failed because not a single application was received for participation.
The Federal Agency for Fisheries (Rosrybolovstvo) was organizing the auctions...
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