Current issues in implementation of state incentives for renewal of fishing fleet

Object and purpose of research. The object is development of domestic shipbuilding to meet the needs of fishing industry in the context of incentive measures offered by the state. The purpose is to identify potential risks during implementation of state programs and the ways to resolve problems. Materials and methods. Materials are laws and regulations setting the investment program legal foundation for renewal of fishing fleet. The method is analysis of laws regulating the fishing fleet renovation. Also, the paper takes the benefit of expert assessments and opinions expressed by industry pundits. Main results. Main factors hindering successful implementation of state support measures for fishing fleet shipbuilding are identified the ways of their abatement are defined. E.g., the unfavorable factors include the lack of up-to-date design practice able to meet customer requirements, low level of industry localization, which, ultimately, affects interests of customers, shipyards and the Russian Federation budget. Conclusion. Management and economic measures being already implemented as well as suggested in future are discussed to reveal the problems in state support activities for construction of fishing vessels in an effort to protect participants of investment programs for stimulation of building the fishing vessels and crab boats.