Russian shipyards plan to deliver 15 fishing vessels in 2023 - Industry and Trade Ministry

ST. PETERSBURG. Sept 19 (Interfax) - Seven fishing vessels are currently under preparation for delivery to customers in Russia by the end of 2023, Irina Orinicheva, Deputy Director of the Shipbuilding Industry and Marine Equipment Department of Russia's Industry and Trade Ministry, said during a session at the Neva 2023 international exhibition and conference in St. Petersburg.

"We view shipbuilding as ensuring food security and independence of the country.[...] Whereas only 11 ships have been built since the beginning of the first stage of investment quotas, eight ships have already been delivered in 2023. [...] I hope that we do not slowdown, and that we do deliver seven additional ships by the end of the year," Orinicheva said.

Consequently, 15 ships are expected to be completely built this year, meaning specifically nine fishing vessels and six crabbing vessels according to the presentation.

The program for the fishing investment quota has been operating in Russia since 2016, with anglers receiving fishing quotas under investment obligations for building ships and constructing processing plants.