• 2021 January 21 11:24

    Russian Crab Company Group reports annual operational results for 2020

    The largest crab harvesting company in the Far East and one of the leading in Russia, Russian Crab Company Group reports on annual operational results 2020.

    From January to December 20020, Company’s vessels extracted Red King Crab, Blue King Crab, Brown King Crab, Opilio Snow Crab and Horsehair Crab in Okhotsk Sea, Bering Sea and the Sea of Japan. According to annual results, the company’s catch amounted 13,020 tons of crab, which is 19% of the total regional crab catch. The company has utilized the volume of quotas by 99.1%, while the average utilization of quotas in the Far Eastern basin is 95%.

    «Last year, the Russian Crab company started quotas utilization acquired at the 2019 auction. Volumes of extraction increased 5 times — from 2.5 thousand tons to 13.0 thousand tons. As a result, Russian Crab Company successfully mastered the largest package of crab quotas in the Far Eastern basin», — said Alexander Sapozhnikov, General Director Russian Crab Company Group.

    Russian Crab Company has significantly expanded its presence in international markets. Compared to 2019, the Company increased its export volume 3.5 times. The share in the total Russian export of crab to China increased to 22.7% (+ 10.5 percentage points by 2019), to South Korea to 15.5% (+ 10.6 percentage points by 2019). The participation of Russian Crab in total supplies of crab to China and South Korea for 11 months of the year reached 10 and 11%, respectively. The Company entered the USA market in the second half of the year, and its share in the total supplies of crab to USA reached 4.2%, and in supplies from Russia — 10.8%.

    Volume of sales to Japan also showed significant growth, despite the fact that quarantine restrictions seriously reduced the activity of importers.

    Russian Crab plans to further expand the geography of sales. By the end of the year, agreements were reached on trial deliveries to the countries of the European Union.

    Increased focus on the quality of products, to which consumers now have special requirements related to the prevention of COVID-19, contributed to the establishment and strengthening of cooperation with Asian and American buyers. Throughout the entire period of quarantine measures, the company operates in compliance with enhanced sanitary security measures. At the end of the year, the cost of quarantine preventing measures exceeded 40 million rubles. The production process in terms of ensuring the safety of exported products is organized in accordance with the official recommendations of Russian and foreign authorities.

    In 2020, Russian Crab launched the Investment program for construction of 10 newbuilt modern crab catching vessels. Seven vessels will be constructed by the Onega Shipbuilding and Ship repair yard. Keel laying of the first two vessels took place in June and December. At the moment, hull work is underway.

    Initiation of the MSC certification process, digitalization of operational processes, and creation of 113 new vacancies — are among important annual projects that characterize Company’s growth and development.

2021 March 2

19:00 Zelenodolsk Plant lays down two high-speed passenger hydrofoils of Project 03830, Meteor-2020
18:45 Crowley promotes Dan Warner to Chief Financial Officer
18:05 The RSS Sir David Attenborough delivered to LR Class
17:54 Manufacture of auxiliary drilling modules for ice-resistant platform LSP “A” is underway
17:47 TORM purchases eight MR product tankers with chemical trading capabilities from TEAM Tankers in a partly share-based transaction
17:39 Inchcape’s new Port Cost Estimator is missing link in voyage cost puzzle
17:28 CMA CGM acquired a 50% interest minus one share in TTIA container terminal in Algeciras, Spain
17:25 First hydrogen filling station opened in Amsterdam port
17:21 Framo will supply pumping systems for foundations of Scotland’s largest offshore wind farm project
17:06 Haldor Topsoe joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as Strategic Corporate Partner
16:21 USCG, partners rescue two pilots from downed aircraft off Lanai
16:15 The Prax Group agrees exclusive crude oil supply arrangement with Trafigura
15:48 Ardmore Shipping takes on commercial management of four Carl Buettner chemical tankers
15:47 Ocean Infinity acquires MMT
15:00 Bunker sales at Vladivostok port in 2M’2021 fell by 34% YoY
14:38 Tenderers sought for upcoming Port Hedland channel marker project
14:22 Local contractor wins Mt Bassett water reservoir demolition job
13:46 Mega RO-RO vessels handled in record time thanks to investment by PSA Zeebrugge
13:16 Wallenius Wilhelmsen returns three more vessels from cold lay-up
12:08 CMA CGM introduces PSS for cargo from Pakistan to North Europe, Scandinavia, Poland, Adriatic, North Africa, Morocco & the Mediterranean
12:01 Port of Antwerp carries out the first trial for increasing draught on the Western Scheldt river
11:42 Throughput of port Azov in 2M’2021 surged by 68% YoY
11:09 Four companies join forces in HAV Group ASA
10:55 Port of Tallinn comments on the claim filed by Tallink
10:38 Tallink Grupp brings legal action against Port of Tallinn
10:09 Port of Vancouver cargo throughput increased by 1% to 145.5 million metric tonnes in 2020
09:51 Oil shipments via CPC Marine Terminal in 2M’21 fell by 8.4% YoY
09:49 MABUX: Bunker market this morning, Mar 02, 2021
09:34 Oil prices go down in expectation OPEC+ meeting
09:18 Ports of Bremen container throughput down by 1.4 per cent to 51.1 million tons in 2020
09:09 Baltic Dry Index as of March 1
08:00 TORM purchases eight MR product tankers
07:53 Diana Shipping announces time charter contract for m/v Ismene

2021 March 1

17:39 Depth 2021 competition opens in the framework of the International Army Games
17:17 Vitol launches Green LNG offering
16:48 CMA CGM introduces PSS for cargo from/to North Europe to/from the Mediterranean & Black Sea
16:12 World’s largest steel company, China Baowu Steel Group, and Sibanthracite Group become strategic partners
15:34 NUTEP terminal sets new record of container handling
15:30 APM Terminals Kalundborg now operational
15:26 SEACOR Marine signs the Neptune Declaration on Seafarer Wellbeing and Crew Change
15:11 RF Navy’s small missile ship Orekhovo-Zuevo passes the Black Sea straits towards the Mediterranean Sea
13:33 Average spot market price for Russian M100 product climbed to RUB 22,193 pmt
13:12 Port of Antwerp to launch a new shipping guidance system
12:46 MOL to expand sharing of ship operation data
12:37 Finnlines announces bunker surcharge for Malmö-Travemünde-Malmö
11:48 China ports container volume rises 13.2% in January of 2021Ningbo Containerized Freight Index keep rises in February
11:46 Russian Railways' network loading declined by 0.9% in 2M’2021
11:23 Global maritime leaders to exchange ideas at Singapore’s Annual Maritime Public Leaders’ Programme
10:59 Nevskaya Environmental Dredging Company supports 4th International Congress “Hydraulic Engineering Structures and Dredging” as its Sponsor
10:41 New research: unlocking a triple-win for UK ports and shipping
10:25 MABUX: Bunker market this morning, Mar 01, 2021
10:10 Austal Philippines delivers largest high speed ferry constructed in The Philippines
09:28 Week starts with oil prices increase
09:12 Baltic Dry Index as of February 26

2021 February 28

16:13 ADNOC Logistics and Services announces strategic fleet expansion with acquisition of 6 VLCCs
15:41 Deltamarin introduces the new LNG-powered Kielmax Container Feeder design
14:07 USCG Cutter Kimball conducts maritime presence patrol in Pacific
13:29 Solstad announces contract awards in Australia
12:46 Rauma Shipyard restarts production gradually with stricter controls in place
11:03 JAXPORT to host free virtual training event for Northeast Florida small businesses