Sanctioned Russian Fishing Firm Warns of Barents Sea Stock Decline

Sanctioned Russian Fishing Firm Warns of Barents Sea Stock Decline

Murman SeaFood, a sanctioned Russian fishing firm, has expressed concerns about declining stocks in the Barents Sea. The company’s Deputy General Director, Andrey Roman, stated that they will utilize their fishing quotas despite these challenges.

Challenges Facing the Barents Sea Fisheries

The Barents Sea is experiencing significant changes in fish populations. According to experts, this decline is particularly evident in cod and haddock stocks. Murman SeaFood plans to adapt by catching smaller fish to fulfill their quotas.

Operational Plans and Fishing Quotas

  • Murman SeaFood will continue to operate within their quotas.
  • The firm intends to fish in both Norwegian and Russian economic zones.
  • International waters will also be considered for fishing operations.

Roman emphasized that both Murman SeaFood and fellow fishing firm Norebo will remain active. Their intention is to ensure fishing activities continue to support their business despite the stock challenges.

Implications for the Fishing Industry

The situation in the Barents Sea raises concerns for the broader fishing industry. Persistent declines in fish stocks could affect sustainable fishing practices in the region. Companies may have to adjust their strategies to maintain productivity.

As fishing firms navigate these changes, their approaches will impact future management of marine resources. The focus remains on balancing quotas with the realities of decreasing fish populations.