Icelandic catch value hits USD 1.2 billion, cod earnings up

Published on
June 7, 2016

Iceland’s fishing fleet landed seafood with a total value of ISK 146.4 billion (USD 1.2 billion, EUR 1.1 billion) in the 12 months through to February 2016, an increase of 2.3 percent year-on-year, according to new figures published by Statistics Iceland.

The improved value was largely thanks to a 15.3 percent increase in the value of the cod catch, which achieved a total value of ISK 62.7 billion (USD 511.6 million, EUR 450 million) during the period.

Overall, the country’s demersal catch…

Contributing Editor reporting from London, UK

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