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IN BRIEF - Lenin Fishing Collective Farm to Invest 14.5 Billion Rubles in Construction of Two Refrigerated Vessels

RUSSIAN FEDERATION
Thursday, September 05, 2024

The Lenin Fishing Collective Farm (Kamchatka Krai) is investing about 14.5 billion rubles in the construction of two refrigerated vessels and 3.28 billion rubles in two fish processing plants as part of the "keel quotas" program. The enterprise signed a cooperation agreement with the Far East and Arctic Development Corporation (FEDC) on the sidelines of the EEF-2024.

Following the two stages of the investment quota program, the collective farm intends to build 14 vessels of different classes, thus completely renewing the fishing fleet. One of them is the large freezer trawler Viktor Gavrilov (under construction at the Yantar Shipyard), which will be launched in November 2024 and arrive in Kamchatka in early 2026.

“The Lenin Fishing Kolkhoz is a pioneer of the investment quota program: the enterprise was the first to sign a contract for the construction of vessels under investment quotas and the first to receive a new vessel built in modern Russia. By its example, the enterprise has shown that the program works, and works effectively,” noted Ilya Shestakov during his working visit to Kamchatka.

Source: Federal Agency for Fisheries


IN BRIEF - Historic Record in Russian Herring Landings Across the Far East

RUSSIAN FEDERATION
Monday, October 26, 2026

The Pacific herring (Clupea pallasii) fishery in the Russian Far East reached outstanding milestones over the past week, following an increase of 12,400 metric tons.

With this surge, cumulative landings for the year to date reached 588,700 metric tons, exceeding the volume recorded during the same period in 2025 by 153,000 metric tons. In addition, the Russian fishing fleet processed over 478,400 metric tons of this resource on board using its own raw material.

This commercial upswing aligns with evaluations from the scientific community. Experts from the Sakhalin branch of the Russian Federal Research Institute of Fisheries and Oceanography (VNIRO) point out that, over the past decade, Sakhalin-Hokkaido herring stocks have shown a steady growth trend off the southern coast of Sakhalin and the South Kuril Islands.

If current harvest intensity continues, the biomass available in the East Sakhalin subzone could conclude the cycle by setting a new landings record for the 21st century.


IN BRIEF - Greenland: Several Cod and Shrimp Quotas Near Exhaustion

GREENLAND
Monday, October 26, 2026

NUUK — Several Greenlandic fisheries are nearing their annual catch limits, according to tracking data from the Greenland Fisheries and Hunting Control (Grønlands Fiskeri- og Jagtkontrol / GFJK) updated through October 25.

Southeast Greenland cod (Gadus morhua) stands at 5,285 metric tons out of a 5,290-ton quota, representing 99.9% uptake. The northern shrimp (Pandalus borealis) allocation for Norway in East Greenland waters has reached 99.7%, leaving a remaining margin of just four metric tons.

Also notable is the Faroese allocation of cod in Southeast Greenland, which has reached 97.1% utilization, while inshore cod harvesting in West Greenland has attained 90.7%.

These uptake levels require strict monitoring by vessel owners and processors. The GFJK notes that these recorded figures are preliminary and subject to administrative adjustment. Reaching the formal accounting limit of a quota does not automatically result in an immediate official closure order.


IN BRIEF - Northern Basin Cod Quota Set to Surge by 14% in 2027

RUSSIAN FEDERATION
Monday, October 26, 2026

Commercial cod fishing in the Barents Sea is poised for recovery following an agreed 14% increase in the total allowable catch (TAC) for 2027.

The decision was confirmed by Ilya Shestakov, head of the Federal Agency for Fisheries (Rosrybolovstvo), following the annual bilateral summit of the Joint Russian-Norwegian Fisheries Commission.

The intergovernmental body oversees shared marine stock management across both the Barents Sea and the Norwegian Sea. Beyond cod, delegates established harvest quotas and regulatory frameworks for haddock, capelin, halibut, and perch, alongside quota exchange mechanisms backed by an international scientific working group.

According to Rosrybolovstvo, sustained environmental monitoring shows biomass indicators entering a positive reversal across the Northern Basin following years of stock decline, enabling the upward quota adjustment for fleet operators in Russia and Norway.


IN BRIEF - Sri Lanka and JICA plan fisheries cold-chain project

SRI LANKA
Monday, October 26, 2026

Initiative targets post-harvest losses and improved fish quality.

Sri Lanka and Japan's JICA are preparing a cold-chain project for coastal and deep-sea fisheries.

A feasibility study, scheduled for November 2026–February 2027, will assess fish losses and infrastructure needs before investment decisions. Funding remains unconfirmed.

Yash Perera / https://lakbimanews.lk/ 


IN BRIEF - Norway and Russia reach 2027 fisheries agreement

NORWAY
Monday, October 26, 2026

Barents Sea cod quota rises 14% after six years of cuts.

Norway and Russia agreed on 325,000 tonnes of cod and 180,336 tonnes of haddock (+18%) for 2027. Greenland halibut rises 11%, redfish falls 3%, and capelin remains closed. The deal extends joint management rules for five years.

Hilde-Gunn Bye / https://en.highnorthnews.com/


IN BRIEF - Vietnam's Ha Tinh strengthens fight against IUU fishing

VIET NAM
Monday, October 26, 2026

Fleet monitoring and digital traceability support efforts to lift the EU yellow card.

Ha Tinh has registered 100% of fishing vessels, equipped all active offshore boats ≥15 m with VMS and raised electronic catch traceability (eCDT) use from 27% to 46%. Authorities also operate 9 landing sites and strengthen port inspections.

https://vietnam.vnanet.vn/


Other Media | SeafoodSource: India developing plan for inland small-scale fisheries

INDIA
Monday, October 26, 2026

India has begun the development phase of a national action plan for its inland small-scale fisheries, and is planning to set a target of 30 million metric tons (MT) of overall fish production in the next five years.

India has been considering a national action plan, and the Bay of Bengal Program Intergovernmental Organization (BOBP-IGO) has called for support from the Food and Agriculture Organization (FAO) to help both the government and the organization create roadmaps in the process. According to BOBP-IGO, the government has now moved into the development phase of that action plan, with a focus “on livelihood improvement, enhanced coordination, and better management of freshwater resources.”

Author: Chris Chase / SeafoodSource | Read the full article here


Other Media | Fish Farmer: Sea well drilling completed at major Iceland land farm project

ICELAND
Monday, October 26, 2026

Work on drilling sea wells has just been completed on Samherji’s land-based salmon farm project at Eldisgarður in the west of Iceland.

The project is also known as the Salmon Garden. Samherji said 21 sea wells have been drilled, at depths of 42 or 36 metres. Drilling work began at the start of the year and the project took about nine months to complete.

Samherji described the development as a major step forward and cause for celebration.

Author: Vince McDonagh / Fish Farmer | Read the full article here


Other Media | SalmonBusiness: Brazil’s 26.5% tax threat hangs over €900m Chilean salmon trade

BRAZIL
Monday, October 26, 2026

Salmon and trout have been excluded from a zero-rated food category under Brazil's tax reform, prompting Chilean producers to seek changes to the legislation.

Chilean salmon exports to Brazil could face a value-added tax of up to 26.5% under the country's new tax system, raising concerns about the competitiveness of salmon against other animal proteins.

Brazil's tax reform, approved in January 2025, introduces a new system of consumption taxes while exempting a range of essential food products. 

Source: SalmonBusiness | Read the full article here


Other Media | La Voz de Galicia: A fusion of a Mexican taco and Galician fish wins top prize at Conxemar tapas contest

SPAIN
Monday, October 26, 2026

Galician-Mexican fusion cuisine has triumphed at the Conxemar tapas championship—an event designed to promote new, affordable ways to consume fish, featuring 21 participating restaurants from Vigo. La Taberna Rabuda took first place in the third edition of "Conxemar Tapas" with its entry, "Baja Galifornia"—a Baja California-style taco made with a corn tortilla, fried hake, and *mojo verde* (green sauce). The establishment received a 2,000-euro prize for its victory in the competition, which aims to showcase the culinary potential of frozen seafood products to the public. Chefs Miguel Rueda and Andrea Portela plan to keep the taco on their menu for at least two weeks; it is priced at five euros. 
 
Author: L.C. LLERA / La Voz de Galicia | Read the full article here

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MORE NEWS
United Kingdom
Oct 27, 01:40 (GMT + 9):
Scottish pelagic fishermen welcome outcome of Coastal States TAC talks
Russian Federation
Oct 27, 00:10 (GMT + 9):
Pacific Salmon Season in the Russian Far East and North America Enters Its Terminal Phase as of October 25, 2026
Japan
Oct 27, 00:10 (GMT + 9):
Hokkaido Faces Severe Autumn Salmon Crisis: Catches Plunge 45.9%
Norway
Oct 27, 00:10 (GMT + 9):
Norway Pelagic Fisheries Report, Week 43
Iceland
Oct 27, 00:10 (GMT + 9):
Kaldvík Extends Banking Waiver, Sending Warning Signal to Icelandic Salmon Farming
Antarctica
Oct 27, 00:10 (GMT + 9):
China's Antarctic Krill Industry Redefines Strategy: From Fleet Expansion to Competition on Value per Ton
Russian Federation
Oct 26, 13:00 (GMT + 9):
IN BRIEF - Historic Record in Russian Herring Landings Across the Far East
Greenland
Oct 26, 02:00 (GMT + 9):
IN BRIEF - Greenland: Several Cod and Shrimp Quotas Near Exhaustion
China
Oct 26, 00:30 (GMT + 9):
China Elevates Marine Collagen Market Standards and Drives Comprehensive Traceability for Fish Maw
Russian Federation
Oct 26, 00:10 (GMT + 9):
IN BRIEF - Northern Basin Cod Quota Set to Surge by 14% in 2027
United Kingdom
Oct 26, 00:10 (GMT + 9):
New MSC Financial Model Shows Well-Managed Fisheries Are Twice as Valuable
Worldwide
Oct 26, 00:10 (GMT + 9):
Global Tilapia Market: Vietnam Surges in Exports, Brazil Accelerates Export Industry, and China Records Firm Farmgate Prices
Worldwide
Oct 26, 00:10 (GMT + 9):
Global Overview of the Commercial and Ranched Tuna Market
United States
Oct 26, 00:10 (GMT + 9):
Alaska Groundfish Harvest Reaches 1.78 Million Metric Tons Through September Driven by Pacific Cod and Flatfish
Japan
Oct 26, 00:10 (GMT + 9):
Nissui Tests Fish Format Targeting Younger Consumers

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