Fishing companies of Russia need 364 newbuildings (photo)

Fishing companies of the Russian Federation say they require 364 newbuildings including 91 large capacity ships, IAA PortNews correspondent cites Ilya Shestakov, head of Russian Federal Fisheries Agency, as saying at the International Forum on Shipbuilding and Safe Shipping “Fishing Fleet – New Impulse to Development” in Murmansk.

According to him, the number of ships included into the state programme to support the fishing fleet will be different from the required number due to limited resources and inability of Russian shipbuilding industry meet this amount of orders.

Peotr Savchuk, deputy head of the Agency, says that estimated payback period of a vessel built under the state support programme will make about 12 years.