Less fish landed by Brim in 2020

Published on
January 20, 2021

Icelandic seafood company Brim hf caught 128,000 metric tons (MT) of fisheries products last year, some 11,000 MT less than it landed in 2019.

Brim reports landings from its pelagic vessels at 81,582 MT were down approximately 7,000 MT compared to the year before, due primarily to a lower blue whiting catch than in the previous year. There was also no fishing for capelin in 2019 or 2020.

Its freezer trawlers’ catches were similar to its 2019 totals.

With 19,710 MT, Brim’s fresher trawlers landed approximately 3,000 MT less than in 2019, primarily due to the closure of the Norðurgarður processing plant, where production was suspended while equipment was upgraded and repairs were carried out to the building.

Meanwhile, the acquisition of Kambur hf last year added the longliner Kristján HF-100 to the fleet.

Overall, the company’s 2020 catch values amounted to almost ISK 18.1 billion (USD 139.3 million, EUR 115.4 million), representing an increase of ISK 525 million (USD 4 million, EUR 3.3 million) year-on-year.

Brim’s pelagic catch was valued at ISK 3.3 billion (USD 25.4 million, EUR 21 million), up from ISK 3.1 billion (USD 23.9 million, EUR 19.8 million) in 2019. Its freezer trawlers caught ISK 10 billion (USD 77 million, EUR 63.8 million) worth of fish, compared with ISK 9.8 billion (USD 75.4 million, EUR 62.5 million) previously; and its fresher trawler landings were worth ISK 4.7 billion (USD 36.2 million, EUR 30 million) – up from ISK 4.6 billion (USD 35.4 million, EUR 29.3 million).

Photo courtesy of Brim

Contributing Editor reporting from London, UK

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