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05.01.2018

The catch value of HB Grandi's vessels amounted to ISK 11.8 billion

The catch value of HB Grandi’s vessels was about 11.8 billion ISK in 2017, a decline of over 15% compared to the previous year. However, total catches increased from almost 142 thousand tonnes to approximately 152,500 tonnes, the increase is due to increased pelagic catch.

The value of the pelagic vessels in 2017 was almost 3.3 billion which is more than 446 million ISK less than in 2016. The catch value of freezer trawlers decreased by 852 million ISK or 14.5% whereas the reduction of volume was 9.3%. The largest value decrease was for wetfish trawlers relatively, or by more than 20%, while the total catches decreased only by 4.5%.

The year 2017 was a particularly different year since the fishermen’s strike was still ongoing when a new year started and the dispute was settled no earlier than mid-February. The strong exchange rate of the Icelandic Krona also had a strong effect on catch value, while in 2017 the Krona appreciated by almost 10% against the Euro and 11.5% against the US Dollar.

Further information and figures on individual ships can be found in the following table.

HB GRANDI FLEET CATCHES 2017

 

2017

2016

Catch(tons)

Value ISK(000)

Catch(tons)

Value ISK(000)

Pelagic vessels

 

 

 

 

Venus NS 150

55.600

1.689.225

50.492

1.947.485

Víkingur AK 100

53.681

1.572.253

45.102

1.760.279

 

109.281

3.261.478

95.594

3.707.764

Freezer trawlers

 

 

 

 

Höfrungur III AK 250

7.501

1.830.152

7.043

1.910.478

Þerney RE 101

6.353

1.729.311

6.900

2.129.592

Örfirisey RE 4

5.178

1.461.106

7.041

1.832.506

 

19.032

5.020.569

20.984

5.872.576

Fresher trawlers

 

 

 

 

Ásbjörn RE 50

2.450

334.792

6.454

1.134.588

Ottó N. Þorláksson RE 203

6.320

928.494

6.239

1.074.981

Sturlaugur H Böðvarsson AK 10

6.003

876.139

5.911

1.063.766

Helga María AK 16

7.116

1.021.245

6.672

1.132.137

Engey RE 91

2.252

357.316

 

 

 

24.140

3.517.985

25.277

4.405.472

 

 

 

 

 

Total

152.454

11.800.032

141.855

13.985.812

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