Trawlers operated by Síldarvinnslan subsidiary Bergur-Huginn in the Westmann Islands have fished well this year but have been hit by the weakening pound.
Bergey and Vestmannaey have had a busy July and have been fishing well, are now in port for an extended break for the Westmann Islands annual festival.
The two trawlers rely heavily on landings of fresh catches that are shipped direct to the UK. According to parent company Síldarvinnslan, the earnings of the two trawlers have been hit by the UK pound dropping in value by 23%, which has had repercussions for both the crew and the company. In addition to the dropping pound in the wake of the EU membership referendum, fish prices also appear to have fallen, with haddock fetching 30% lower prices at UK auctions than a year ago.
