Russia’s big plans

Fishing port of Novorossiysk, Russia Fishing port of Novorossiysk, Russia

Russia plans to significantly increase its presence in the world’s oceans and to increase the volume of catch outside its territorial waters, according to an official statement of the Russian Ministry of Agriculture. Eugene Gerden reports.

These plans are expected to be implemented as part of the existing Federal Target Program ‘World Ocean’, which involves the increase of catch in the North Atlantic region and in particular Greenland and the Faroe Islands.

At the same time particular attention will be also paid for the increase of Russia’s fleet presence in the Central and South Atlantic, including Morocco and Mauritania.

As part of the state plans, Russia has the potential to catch up to 5.5 million tonnes of fish and 4.5 milllion tonnes of krill outside its territorial waters.

In order to implement these goals, the Russian government plans to start active restoration of its fishing fleet, which was one of the world’s largest during the Soviet times, however in recent years has significantly reduced when many ships became outdated.

During the Soviet era the country’s fishing fleet was comprised of 3,500 ships, however at present their number is no more 1,200, while the technical condition of the majority of them leaves much to be desired.

As part of the programme, by 2020 493 new ships and 14 marine fish terminals will be built, which will partly solve the existing problem. There are also plans for scientific exploration activities by the Russian fishing fleet, which will mainly take place in the Pacific and Indian Oceans. It is planned that the volume of investments in the implementation of these plans will be at the level of RUB 10 billion (USD$300 million) with the possibility of a significant increase in the near future.

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