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Analysis

Tabled Russian pollock quota cut, fleet renewal plan could speed industry consolidation

If government goes ahead with recommended quota cut, as well as new-build stimulation plan, smaller operators are likely to look to exit fishery, says top CEO

By Tom Seaman | March 17, 2016 08:56 GMT
Russian pollock prices continue downward trend
A Russian pollock vessel.
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If the Russian government goes ahead with a recommended 14% cut in the pollock quota, it is likely to be one factor pushing smaller companies toward selling, said the CEO of the country’s largest quota holder, Russian Fishery Company (RFC) [...]

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