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September 02 | The Kingdom of Grímsey
Maybe it would be best for both Jón Bjarnason and the whole country if he were to move to Grímsey, an uninhabited island in the West Fjords.  more


 
Click on the picture to watch an audio slideshow of a hike to Hraunsvatn lake in Öxnadalur valley in north Iceland, which lies at a height of 490 meters, interlocked between two steep mountains and a small glacier with a view of the majestic Hraundrangar peaks.  more
Fjallabyggd (“Mountain Settlement”) is a skier’s dream. Its slopes are perfect for slaloming and there are also tracks for telemark skiing. Winter sporting enthusiasts can also go ice skating or rent snowmobiles. In summer, Fjallabyggd turns into a paradise for hikers. Read this special promotion about one of Iceland’s best hidden gems.  more

20/06/2006 | 09:09

Catch of cod 38% lower since introduction of quota system

Morgunbladid reports that the catch of cod in Icelandic waters has declined by 38 per cent since the introduction of the so-called quota system 23 years ago.

Under the system, an overall quota for the various commercially fished stock in Icelandic waters is set by the Ministry of Fisheries and distributed to fishing vessels based on their previous years catch and various other factors.

The quota system has been heavily criticized because fisheries companies that are allocated qutoa only pay nominal fees for access to one of Iceland's richest resources, the fishing grounds surrounding the island, in spite of the fishing grounds' being defined by law as the "common property of the Icelandic people". The quota system has given rise to a class of people dubbed "Quota Kings" who have cashed in on the quota system by selling the quota rights they received for free from the government.

Citing figures from the Marine Research Institute, Morgunbladid reports that the catch has gone down from an average of 346 thousand tons the first five years of the quota system, beginning of 1984 through year end 1988, to an average of 216 thousand tons over the past five years.

The estimated size of the cod stock in Icelandic waters has varied considerably over the same period from 1 million tons in 1988 to 553 thousand tons in 1995 and 1996. Currently, the overall size of the cod stock is estimated at 715 thousand tons.



 
Comment   
The average temperature of the three summer months, June, July and August, in Reykjavík this year was 12.2°C (54°F), which makes this the warmest summer in the capital since temperatures were first recorded in 1871, according to meteorologist Trausti Jónsson.  more
The comedy sketch show Spaugstofan, which has been shown more or less continuously for 21 years on the Icelandic national broadcaster RÚV, has now been relocated to the private television channel Stöd 2 more
The crew of the sailboat Santa Maria from Hamburg, Germany, called for assistance when they ran out of fuel 140 nautical miles west of Reykjavík last week. The guard post of the Icelandic Maritime Administration contacted ships that were nearby and as it turned out the whaling ship Hvalur 9 was located closest to Santa Maria.  more
The theater festival Lókal begins in Reykjavík today and will run until September 5. The program includes the show “The Great Group of Eight” held by the Kviss búmm bang trio where spectators have the opportunity to be national leaders for three to four hours.  more
















 
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The second issue of the print edition of Iceland Review 2010 has just been published. Entitled “Under the Volcano” the magazine dedicates 20 pages, words and pictures, to the volcanic eruption in Eyjafjallajökull glacier which made headlines all over the word. New subscribers will receive the book 2010 Eruptions as a gift and all subscribers are part of a draw to win a trip to Iceland. Click here to subscribe to the magazine.  more




REVIEWS
Dadi Gudbjörnsson's art with its smiley faces, Aladdin's lamps, gleaming hearts, blue mountains and psychedelic flora of unearthly origin reminds me of the cheesy R.E.M. song “Shiny Happy People”. The sugar-sweet naivety fails to amuse me but I must admit it infects my mood with delirious joy.  more
Former President of Iceland Vigdís Finnbogadóttir turned 80 on 15 April this year and Mayor Hanna Birna Kristjánsdóttir—in making her an Honorary Citizen of Reykjavík to mark the occasion—observed that Finnbogadóttir’s life was interwoven with that of Reykjavík. In June 1980 Finnbogadóttir made history when she became the world’s first democratically elected female head of state.  more
Today, August 30, and tomorrow is your last chance to visit the exhibition “Eau De Parfum” by Andrea Maack at the Spark Design Space in Reykjavík. In the exhibition space, Maack introduces three perfumes that are the result of her collaboration with French perfumery apf aromes & parfums.  more
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