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Fishing Fee Increase Still Lingers in the Industry

Summary by RÚV
Leading figures in Icelandic business and politics gathered at Harpa for the annual meeting of the Icelandic business community in the afternoon. The topic of discussion today was the export industries that are struggling with various challenges. The high real exchange rate of the króna, high wage costs, Donald Trump's harmful trade policies and uncertainty in the world due to conflicts were discussed. For the chairman of the Confederation of Ic…
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Leading figures in Icelandic business and politics gathered at Harpa for the annual meeting of the Icelandic business community in the afternoon. The topic of discussion today was the export industries that are struggling with various challenges. The high real exchange rate of the króna, high wage costs, Donald Trump's harmful trade policies and uncertainty in the world due to conflicts were discussed. For the chairman of the Confederation of Ic…

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The processing fee for a fishing license will go from ISK 500 to ISK 800 on New Year's Eve. A decree has been issued. The handling fee has been 500 kr. since 2008. The owner of a fishing vessel shall pay a handling fee for each certificate of delivered fishing days and quotas. The handling fee goes up to 2,725 kr. for each certificate. It is now 800 kr. for each delivery.  The person to whom it is delivered shall pay. Shipowners shall certify th…

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Kringvarp Føroya broke the news in on Wednesday, October 1, 2025.
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