Russia mulls expansion of auctions for all fishing quotas

However, the RAS has proposed replacing its system of awarding fishing quotas based on historic catch averages with auctions, similar to the changes made in recent years to Russia's crab fishery. In 2019, the Russian government moved 50 percent of its crab quota into what it called "investment auctions," which awarded quota in lots to the highest bidder, provided they build a new crab vessel built at a Russian shipyard
https://www.seafoodsource.com/news/supply-trade/russia-mulls-expansion-of-auctions-for-all-fishing-quotas

_- Steve