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Icelandic fishing company Thorbjörn, based in the volcano-stricken port of Grindavík, to split up

The company operates two factory trawlers and one fresher trawler, as well as having a new vessel under construction at a Spanish shipyard. Thorbjörn’s shore-based processing was halted this summer to the situation on Grindavík, with intermittent volcanic activity taking place sometimes within metres of the town’s outskirts. Grindavík was evacuated earlier this year, and residents have moved to other communities in Iceland, although some commercial activity remains in the town and around the harbour areas, subject to restrictions. According to the company, the aim of this restructuring is to put the focus on vessel operations, and to make more effective use of operational finance and fishing opportunities. more, >>CLICK TO READ<< 15:21