loading
AdvertisementX
AdvertisementX

Europe

Brim CEO blames lack of capelin quota for disappointing 2024 results

Brim, one of Iceland's largest seafood companies, reported lower-than-expected financial results for 2024, with CEO Gudmundur Kristjansson citing the government's decision to suspend capelin fishing

By Undercurrent News | March 17, 2025 10:33 GMT
The Ilivileq, built by Astilleros Armon and sold by Brim to APF in July 2020
Related

Fishmeal props up Brim in Q3, but profits so far this year lag 2022’s

Brim Icelandic vessel

Iceland’s Brim sees 2023 profits ease on lower whitefish prices, market upheaval

Brim subsidiary to market 3,500t of Icelandic salmon in Japan

Brim, FISK up stakes in Iceland Seafood as it raises $7.7m with share sale

Silver Bay nears deal to buy Cooke’s 50% of OBI

Fired NOAA employees to receive back pay but still prevented from returning to duty

AdvertisementX

Brim, one of Iceland's largest seafood companies, reported lower-than-expected financial results for 2024, with CEO Gudmundur Kristjansson citing the government's decision to suspend capelin fishing as the primary factor affecting performance [...]

Want to keep reading?

Sign up for a trial to have access to our articles!

Cooke appeals suspension of operations at nine sites in Chile

Target shifting away from wholesalers, switching to in-house fresh, frozen supply chain

Peruvian fisherman rescued after 95 days adrift in Pacific Ocean

US scallop industry leaders share trends, projections for 2025

AdvertisementX

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

Please select at least one newsletter!
  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.