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Brim's Annual Report 2025

Fishing

The best from Icelandic waters

The ocean around Iceland is clean, and Icelandic seafood products are wholesome and nutritious.

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The best from Icelandic waters

Unspoiled ocean

Research has shown that the ocean around Iceland is very clean and that Icelandic marine products are wholesome and nutritious. The well-being of Icelanders has always been based on the prudent utilsation of the resource. Monitoring activities in the North Atlantic and the Arctic Ocean are based on multilateral agreements and on scientific research, with emphasis placed on special Icelandic scientific research in Icelandic waters.

Brim contributes to this through its respectful treatment of the resource that is the ocean around Iceland. It is important to keep the ocean’s ecosystem in as good or better condition for future generations. The future of the company is based on this belief.

Responsible Fisheries Management

Fisheries management in Iceland is based on the Fisheries Management Act No. 38/1990 and the United Nations Convention on the Law of the Sea. The management is based on the quota system applicable to the species on which limitations to fishing have been placed.

The authorities, in consultation with stakeholders, work diligently on ensuring the sustainable use of the resource. Decisions are always based on scientific grounds, based on studies carried out by the Icelandic Marine Research Institute.

Fish protection efforts in Icelandic waters are based on three fundamental methods:

Catch regulations, which are developed for each exploitable marine stock. This involves determining what proportion of the fishing stock is to be fished each year.

Regulations controlling the fishing equipment used. Emphasis is placed on selective equipment, with the aim of catching only the species and size of fish sought.

Protection and closing of specific areas. This means that certain equipment is banned in specific areas or that the area is completely closed to fishing. This is done to protect, for example, spawning and juvenile fish.

Wetfish Trawlers

Wetfish Trawlers

Brim operates three wetfish trawlers, and they provide the company’s groundfish processing with catch for processing. They are well equipped and catch groundfish, mainly cod, perch and saithe. Emphasis is placed on good handling and cooling of the catch. Thus, the processing plants receive the finest quality catch, which results in the best-quality products to our customers.

Pelagic Vessels

Pelagic Vessels

Brim operates three pelagic vessels, and they provide the catch for the company's pelagic processing. The vessels are specialised in fishing pelagic fish: mackerel, herring, capelin and blue whiting. The catch is pumped into powerful sea cooling tanks. Upon landing, it is then pumped from the tanks into the onshore processing plant, which processes the catch immediately. This approach ensures fresh and good raw materials, resulting in products of the highest quality.

Freezer Trawlers

Freezer Trawlers

Brim operates two well-equipped freezer trawlers that catch Greenland halibut, perch, cod, haddock, saithe, greater silver smelt and mackerel, as well as various other species. The catch is sorted by size and either filleted or frozen whole as soon as it is brought on board. The result is outstanding fish from the clean and unpolluted waters of Iceland.

Catch Quotas - Overview 2025/2026

TypePercentageTonsYear
Groundfish
Cod
7.9%
12,719
2025/26
Haddock
9.0%
5,525
2025/26
Saithe
20.0%
9,459
2025/26
Golden Redfish
27.3%
9,374
2025/26
Deep Sea Redfish
28.8%
683
2025/26
Greenland Halibut
12.6%
1,294
2025/26
Silver Smelt
40.2%
2,960
2025/26
Cod in Norwegian Jurisdiction
39.9%
0
2026
Cod in Russian Jurisdiction
45.9%
0
2026
Other species within quota
1,158
2025/26
43,170
Pelagic fish
Capelin
18.0%
25,716
2025/26
Icelandic Summer Herring
11.1%
10,856
2025/26
Norwegian-Icelandic Herring
14.1%
11,125
2026
Mackerel
20.3%
6,044
2026
Blue Whiting
20.9%
35,606
2026
89,347

Fleet

ship

Þerney RE 1

Frystiskip

ship

AKUREY AK 10

Ísfisktogarar

ship

VIÐEY RE 50

Ísfisktogarar

ship

VENUS NS 150

Uppsjávarskip

ship

VÍKINGUR AK 100

Uppsjávarskip

ship

SVANUR RE 45

Uppsjávarskip

ship

Sólborg RE-27

Frystiskip

ship

Kristján HF-100

Línubátur

ship

VIGRI RE 071

Frystiskip