Fisheries Holding Karat was established in April 2009 as association and inherited its name “Karat” from a Russian fishing company that was incorporated in Murmansk in 1993.
The reason behind the establishment of the Association was a need of Russian fishing companies united by common commercial interests to defend and represent their interest in a close co-operation as well as coordinate their efforts in order to improve the efficiency of the fishing activity and quality of fish processing on-board the fishing vessels.
Another important factor leading to establishment of the Association was a need for implementation of sustainable fishery principles in the fishing activities of the companies
Today Fishery Holding Karat is a non-profit organization based on the membership and established to represent and defend common interests of the members, co-ordinate their business activities in relation to commercial and costal fisheries.
C4ADS: Report on IUU Fishing United States
The value generated from illegal, unreported, and unregulated (IUU) fishing is estimated to be between USD 10 billion and USD 36.4 billion annually, making it the third most lucrative natural resource...