Eimskip

Eimskip

Eimskipafélag Íslands (The Icelandic Steamship Company) is the oldest shipping company in Iceland, established in 1914. The Reykjavík, Iceland-based company runs six shipping lines on the North Atlantic through operation of 8 ships with carrying capacity of 7,210 TEUs.

Eimskip and its subsidiaries — Eimskip-CTG, Faroe Ship, Eimskip Flytjandi, TVG-Zimsen, and Herjoflur — transport cargo by land, air and sea, and offer various logistics solutions such as warehousing and distribution. The company employs approximately 1,350 individuals across 51 offices in 18 countries.

The company and its subsidiaries recorded 2013 revenue of €433.8 million, up 2.4 percent year-over-year. The company also reported net income of €10.8 million, down 15 percent from the previous year’s profit of €12.7 million. 

Eimskip container ship
29 May 2014
As a niche carrier with a growing refrigerated forwarding business and aggressive plans to expand, Eimskip is poised to ride the waves fueled by larger vessels and booming inter-Asia trade. Much of this promise centers on the container shipping and refrigerated logistics group’s ability to handle a wider variety of reefer goods throughout the supply chain.
Eimskip's Dettifoss
15 May 2014
Eimskip, the Icelandic container shipping and refrigerated logistics group, doesn’t expect import volume to increase much this year, but it is planning on export traffic to expand, largely because of demand for fish shipments.
04 Mar 2014
Eimskip, the Icelandic container shipping and refrigerated logistics group, is planning to list its shares abroad to help
Lobster dish
17 Oct 2013
Wholesale prices for lobster caught in Maine and Canada have plummeted to $2.30 a pound, about the same price commanded 25 years ago, as the annual catch grows. Most consumers, however, aren’t seeing the savings because restaurant menu prices largely haven’t dropped.