However, the country has rejected a proposal to scrap the import duty on imported herring.
The measures were agreed at a meeting on customs tariff led by Russia’s deputy prime minister Viktor Zubkov on April 25.
The proposal to scrap the import duty on herring had been opposed by the Russian Pollock Association (ADM), whose director German Zverev had said that the proposal would have harmed Russia’s far east fishermen.
ADM unites 45 fishing enterprises of the Far East, which have the right to catch 56 percent of the total quota of Pacific herring.
The total Russian quota for Pacific herring was increased to 427,000 metric tons for 2012. In contrast, quotas for Atlanto-Scandian herring were reduced, with the Norwegian and Russian quotas down by 100,000 metric tons and 30,000 metric tons respectively.
"This will raise the price,” Zverev (pictured) said. “The Russian Atlantic herring will cost RUB 57 (€1.47/$1.94) to RUB 58 (€1.49/$1.98) per kilo, while the Norwegian one will cost RUB 53 (€1.37/$1.81) to RUB 54 (€1.39/$1.84) per kilo. However, if mport duty prices on herring were cut, Norwegian herring would remain at current levels: RUB 50 (€1.29/$1.7) per kilo.”
According to ADM, domestic and imported herring each accounted for around half of the 500,000 metric tons of herring sold in Russia last year.
The average wholesale price of Russian Atlanto-Scandio frozen herring now stands at RUB 54 (€1.39/$1.84) per kilo. The Norwegian counterpart is cheaper at RUB 50 (€1.29/$1.7) per kilo.
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
(seafood.vasep.com.vn) Currently, Soc Trang province plans to expand its shrimp farming area from over 50,000 hectares to 57,000 hectares by 2025, aiming for a production of 233,800 tons and maintaining a $1 billion export value. The project will establish 45 climate-resilient shrimp farming models and ensure all farms meet aquaculture standards for traceability.
(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
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