fishermen at work

Foreign Minister Firm on Russia Sanctions

Icelandic Foreign Minister Gunnar Bragi Sveinsson is determined not to withdraw his support for Western sanctions against Russia, despite losses suffered by the fishing industry after Russia imposed an import ban on food from Iceland in August.

Fishing boats in Patreksfjörður

Russian Sanctions Damage Report Released

Fishermen and fisheries workers look set to lose between ISK 990 million and ISK 2.5 billion per year (EUR 6.9-17.3 million/USD 7.8-19.7 million) as a result of the trade sanctions levied against Iceland by Russia. Ten communities will be particularly badly hit by the trade ban, according to the...

Alþingi, Iceland's parliament

Politicians Split Over Russia Sanctions

Icelandic politicians in the ruling coalition parties have varying views on the country’s continued support for European sanctions against Russia, and the split is not along party lines.

fishermen at work

Impact of Russia’s Import Ban Assessed

Sigurður Ingi Jóhannsson, Minister of Agriculture and Fisheries, has asked the Institute of Regional Development to assess the impact of Russia’s decision to impose an import ban on Icelandic food.

Fish shop in Iceland

Iceland: Virgin or Prostitute?

Rumors of an impending ban on imports of Icelandic food to Russia have sparked a debate on the choice between morality and commercial interests.

A cargo ship with containers.

Russia Could Impose Sanctions on Iceland

Dmitry Peskov, spokesperson for Russian president Vladimir Putin, says that trade sanctions against Iceland are a possibility in light of the Icelandic government’s continued support for Western sanctions against Russia following its support for the uprising in eastern Ukraine.


Mackerel Petition Fifth Largest in Iceland

A total of 51,296 signed a petition protesting Minister of Fisheries Sigurður Ingi Jóhannsson’s bill on the distribution of the mackerel fishing quota, which makes it the fifth largest petition in Iceland’s history. The collection of signatures concluded at midnight.

fishermen at work

Mackerel Quota Issued for One Year Only

The mackerel fishing quota will be issued for one year at a time but not for six years, according to an amendment to the mackerel quota bill presented by Minister of Fisheries and Agriculture Sigurður Ingi Jóhannsson in response to a petition protesting the bill.

Fishing boats

New Markets for Icelandic Mackerel?

Icelandic mackerel might soon be sold to Asia, according to the director of the seafood company VSV in Vestmannaeyjar (the Westman Islands) Sigurgeir Brynjar Kristgeirsson. “We search the world for new markets. We have primarily found them in Southeast Asia and sold mackerel to China and...

A football goal on Grímsey island.

Fishing Quota Sold from Grímsey Island

Gylfi Gunnarsson, a fishing operator on Grímsey, Iceland’s northernmost inhabited island, will be forced to sell the 300-ton fishing quota in his possession away from the island because his company is heavily indebted and he has been unable to reach an agreement with the bank.

fishermen at work

Accidents Increase in Fish Processing in Iceland

Fisheries Iceland, the association of fisheries companies in Iceland, demand that fish processing companies which don’t fulfill safety regulations make immediate improvements. While accidents at sea have decreased significantly, accidents in fish processing are up by 70 percent in the past five...