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HB Grandi sell two pelagic vessels, quota, to fellow Icelanders

The Ingunn and the Faxi are changing hands to Vinnslustodin, along with 0.67% of the Iceland capelin quota

By Undercurrent News | May 20, 2015 10:14 BST
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HB Grandi is selling fishing vessels Faxi RE and Ingunn AK to fellow Icelandic company Vinnslustodin, along with 0.67% of the country's capelin quota. HB Grandi CEO Vilhjalmur Vilhjalmsson believes the sale is good for both the seller and the buyer, the latter of which regains Faxi after selling it under the name of Kap in 1996. [...]

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