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Fishing sector in Russia’s Northern Basin shrinking, warns industry

Over the past five years, the number of fishery businesses in the Northern Basin has decreased by 108, while the fleet has shrunk by 21 vessels, said an industry group

By Sergei Blagov | June 5, 2024 11:18 BST
Credit: Tsuguliev/Shutterstock.com
Murmansk. Credit: Tsuguliev/Shutterstock.com
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The seafood sector in Russia's Northern Basin is shrinking, with costs rising and profit margins dropping, a local industry group has warned [...]

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