Icelandic wild catch totals USD 1.2 billion, whitefish earnings fall

Iceland’s fishing fleet landed seafood with a total value of ISK 143.6 billion (USD 1.2 billion, EUR 1.1 billion) in the 12 months through to April 2016, a decrease of 3.7 percent year-on-year, according to new figures published by Statistics Iceland.

The lower value was largely the result of a 1.7 percent decrease in the value of the demersal catch, which achieved a total value of ISK 96.6 billion (USD 817.3 million, EUR 728.1 million) during the period, with saithe and redfish landings down…


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