Brim continues to change, and among the latest is a new acquisition. The Icelandic company has purchased the Greenland freezer trawler Tuukkaq from Tuukkaq Trawl AS, a subsidiary of Royal Greenland AS, for DKK 148 million (EUR 20 million/USD 22 million).
A streak of change continues to move forward following its announcement of the closure of the whitefish processing plant at Hafnarfjördur. A few days ago, it announced its plan to merge it with its demersal fish processing plant at Nordurgard in Reykjavík, leaving the other inoperative.
All of these decisions are a response to a complex market situation, and the company is striving to adapt. One example is the plan of the company to sell the Örfirisey RE-4 freezer tug. However, in this particular case, the decisions have a more positive outlook.
The vessel, Þerney RE-3, will begin fishing operations in September. Norway constructed it in 2001, and it measures 66.4 meters in length and 14.6 meters in width.
Brim is one of the biggest Icelandic fishing companies, active in groundfish and pelagic fishing and processing. With operating units in various locations in Iceland, it integrates fishing, processing, and marketing operations. Moreover, the company emphasizes corporate social responsibility and respect for Icelandic marine resources. For that reason, they actively promote sustainable fisheries through innovation and environmental stewardship, seeking harmony between the community and profitability.
