The delay in deciding the allowable catch for the upcoming fishing year is problematic for all fishing companies, large and small, according to Örvar Már Marteinsson, chairman of the Association of Smaller Fishing Companies.
Errors have been discovered in a report by the University of Iceland's Institute of Economic Studies concerning the ownership of the 20 largest fishing companies in the Icelandic economy.
Heiðrún Lind Marteinsdóttir, head of the Icelandic Federation of Fishing Vessel Owners, stated that the findings of a University of Iceland report on the ownership of major fishing companies did not surprise the organization.
The chairman of the Association of Smaller Fishing Companies states that stalled wage negotiations with the Icelandic Seamen's Federation are not due to their side, claiming fishermen have not sought a meeting since last spring.
Iceland has successfully recycled 1,229 tons of fishing gear, with the majority of the material collected from fishing companies that submitted their equipment for sorting.
Þorsteinn Már Baldvinsson, at the general meeting of Síldarvinnslan, criticized the difficult operating environment for fishing companies, specifically targeting competition laws and carbon taxes.
Latvian fishing companies have doubled their sales volumes over the past decade, driven by new markets and increased demand for canned fish. However, a significant labor shortage is hindering further production growth.
Icelandic Minister of Industries Hanna Katrín Friðriksson stated that the country's largest fishing companies operate in a different economic sphere, even a different economy, compared to the rest of the business sector and Icelandic households.
A controversial interpretation of connections between companies has led to valuable assets being excluded from the largest fishing companies. This interpretation revealed that the largest fishing companies held 400 billion in other associated companies.
The consulting firm Arctica Finance believes that the effects of EU membership would be positive for large Icelandic fishing companies, even if no exceptions were granted from the common...
Three Icelandic fishing companies—Brim, Ísfélagið, and Síldarvinnslan—reported a combined profit of 19.7 billion ISK in 2025, an increase from the previous year, according to their annual reports.
The Icelandic Directorate of Fisheries has completed the allocation of a 78,876-ton quota for Norwegian-Icelandic herring, with 56% of the catch allocated to three fishing companies.
The Italian Ministry of Agriculture has published an implementing decree for tax credits aimed at supporting fishing companies affected by rising fuel prices.
A new report reveals that Iceland's largest fishing companies collectively hold over ISK 400 billion in investments extending far beyond the seafood industry.
The Russian ambassador to Norway has threatened Norway with fishing penalties following sanctions against Russian fishing companies, a threat which the Norwegian Minister of Fisheries has dismissed.
More than ten fishing companies in Lithuania have ceased operations over the past two years, with some considering withdrawal this year, according to local media.
Icelandic innovation company GreenFish has achieved a new milestone in its expansion, with major pelagic fishing companies in Chile now using GreenFish software to optimize their horse mackerel catches.