Capelin Quota Issued in Iceland Skip to content

Capelin Quota Issued in Iceland

The outlook for capelin fishing was rather bleak last month but now the Icelandic Marine Research Institute has found enough capelin for sustainable fishing. Minister of Fisheries therefore issued a quota of 130,000 tons of capelin for this season.

Capelin. Copyright: Icelandic Photo Agency.

Icelandic capelin ships are entitled to roughly 90,000 tons of the quota, according to agreements with other nations on harnessing the capelin stock in Icelandic waters. The export value of the catch is estimated at approximately ISK 10 billion (USD 78 million, EUR 56 million), reports.

The first capelin was caught last weekend by the vessel Vilhelm Thorsteinsson EA of fishing company Samherji. Around 150 tons were caught in one throw off the East Fjords and captain Kristján Vilhelmsson described the fish as quality capelin.

Click here to read more about the search for capelin.

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