Iceland looks to reduce fishing fees

ICELAND\’S new government is looking to ease the burden on small and medium sized fishing companies by reducing the licence fees they pay for the right to fish inside the country\’s territorial waters. Prime Minister Katrín Jakobsdóttir said that while as yet there is no firm decision she has indicated her sympathy with those businesses that were struggling…

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Iceland bans Faroe boats in fishing row

ICELAND appears to be heading into an unexpected fisheries dispute with its near neighbour, the Faroe Islands. The new Reykjavik government has banned all Faroese vessels from fishing inside its territorial waters after the two countries failed to reach agreement on reciprocal rights. They have had a swap deal for a number of years, which…

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