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Russia gives investment quota holders two more years to build new crab vessels

Meanwhile, the latest auction of 15-year crab quotas -- which again would require bidders to build new vessels -- was called off due to a lack of interest

By Sergei Blagov | July 18, 2024 10:13 BST
Russian Crab Company vessel. Credit: Russian Crab Company
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Russian authorities have given the owners of investment crab quotas two more years to build new vessels under the requirements of the system, as the latest electronic auction of further quotas fell through [...]

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