The Russian Crab Company Group caught more than 13,000 tonnes of crab in 2020, 19% of the total regional catch and five times the previous year’s catch.
The company, the largest crab harvester in the Far East and one of the largest in Russia, used 99.1% of its volume of quotas extracting Red King Crab, Blue King Crab, Brown King Crab, Opilio Snow Crab and Horsehair Crab in the Okhotsk Sea, Bering Sea and the Sea of Japan.
“Last year, the Russian Crab company started quotas utilisation acquired at the 2019 auction,” said Alexander Sapozhnikov, general director Russian Crab Company Group. “Volumes of extraction increased five times – from 2.5 thousand tonnes to 13 thousand tonnes. As a result, Russian Crab Company successfully mastered the largest package of crab quotas in the Far Eastern basin,” he added.
Russian Crab Company has significantly expanded its presence in international markets, increasing its export volume 3.5 times compared to 2019. The share in the total Russian export of crab to China increased to 22.7% and to 15.5% in South Korea.
The company entered the US market in the second half of the year reaching 4.2% of total crab supplies to the region. Volume of sales to Japan also showed significant growth, despite Covid-19 quarantine restrictions seriously reducing the activity of importers. The company also reached an agreement with the EU to begin trial deliveries.
In 2020, Russian Crab launched a programme of investment to construct ten newbuild vessels and has initiated the MSC certification process.