Independent journal on economy and transport policy
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Fishing to Get $13Bln Overhaul
(TheMoscowTimes.com)
November 3, 2010
By Derek Andersen TheMoscowTimes.com
The commercial shipbuilding industry is in dire straits - with a shrinking fleet and little domestic manufacturing - and requires $12.8 billion in investment over the next 10 years to maintain the country's fishing fleet, the government said Wednesday.
Less than 10 percent of newly purchased fishing ships were made domestically, and the government plans to continue to look outside the country to shore up the fleet ...... Read more on TheMoscowTimes.com
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