Russian Crab Company sales are up 35% in a year Russian Crab Company sales are up 35% in a year

The Russian Crab Company has released its 2021 half year performance results showing that it increased sales volumes by 35% over the same period last year.

The company harvested 7.4 thousand tonnes of crab from January to June, representing 57% of its annual crab quota for the year.

During this period, more than 99% of the Western Bering Sea and Karaginskaya subzones quota was used for blue king crab, opilio crab and bairdi crab. In the Northern Sea of Okhotsk and Western Kamchatka subzones, the entire quota for red and blue king crabs owned by the company was used.

In terms of sales volume, Russian Crab Company Group is the leader among crab fishing companies of the Far Eastern Fishery Basin and has a share of all Russian crab exports of over 13%.

Russian Crab has been strengthening its presence in the live and cooked and frozen products markets. The company retains the status of being the leading Russian crab supplier to China and is developing new markets such as Spain, with plans underway to export to other countries.

Among the company’s current top priorities are the improvement of the finished product output technology and continuing to build the company’s new fleet under its ‘Quotas for Keel’ investment programme. There are currently six keels laid in shipyards around Russia executing crab-catcher building orders for the company.

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