Exhibiting at Seafood Expo North America 2025

VSV Seafood Iceland ehf., based in Vestmannaeyjar, Iceland, is a vertically integrated seafood company with decades of expertise in harvesting, processing, and delivering premium marine products to global markets. Positioned in one of the most fertile fishing zones in the North Atlantic, VSV leverages Iceland’s sustainable fisheries management and advanced processing technologies to ensure consistent quality and responsible sourcing.

Core Business and Product Portfolio

VSV specializes in both groundfish and pelagic fish operations, offering a wide array of wild-caught species to international markets. Its product portfolio includes:

• Groundfish:

  • Cod
  • Haddock
  • Saithe
  • Redfish

• Pelagic Fish:

  • Capelin
  • Capelin Roe
  • Mackerel
  • Herring

These products are distributed in various forms including fresh, frozen-at-sea, and land-frozen formats, targeting the retail, wholesale, and foodservice sectors across Europe, Asia, and North America.

Specialization and Core USP

VSV’s core strength lies in its vertically integrated operations—from its own fleet of modern vessels to state-of-the-art processing facilities. This integration provides full traceability, optimal freshness, and supply consistency.

Key USPs include:

• Vessels equipped for freezing-at-sea, ensuring top-grade quality preservation
• Land-based processing facilities for filleting, freezing, and packaging under strict hygiene standards
• Strong commitment to sustainable fisheries, supported by Iceland’s quota system and regulatory frameworks

The company also operates year-round, maximizing utilization of quotas and maintaining continuity in supply chains, a significant advantage in a seasonally dependent industry.

Certifications and Compliance

VSV complies with both Icelandic and international food safety and sustainability standards, including:

• Iceland Responsible Fisheries (IRF) Certification
• Marine Stewardship Council (MSC) Certification for several species
• EU Approved Facilities for export
• HACCP-based Quality Control Systems implemented throughout operations

These certifications ensure regulatory compliance in all major global seafood markets and provide assurance to environmentally conscious buyers.

Market Reach and Export Activity

VSV Seafood is a major exporter of Icelandic fish products. The company has longstanding trade relationships with customers in:

• United Kingdom
• Germany
• France
• Japan
• South Korea
• United States

Export data aggregated from Iceland’s Directorate of Fisheries and industry trade databases indicates:

• Annual export volumes exceeding 30,000 metric tons
• Pelagic fish exports representing nearly 60% of total volume
• Groundfish exports contributing a larger share of revenue due to premium pricing

These figures position VSV among the leading seafood exporters in Iceland, especially noted for its high-quality capelin roe and frozen cod loins.

Infrastructure and Capabilities

Operating from Vestmannaeyjar, VSV maintains:

• A fleet of modern trawlers and pelagic vessels, equipped with onboard freezing and quality monitoring systems
• Land-based production facilities for filleting, portioning, skinning, and packaging
• Cold storage and logistics hubs to ensure swift export readiness
• R&D unit focused on optimizing yield, shelf life, and packaging innovation

The strategic location near rich fishing grounds reduces time from catch to processing, further enhancing product quality.

Financial and Operational Insights

While specific revenue data is not publicly disclosed, industry rankings and export value estimations place VSV Seafood among the top contributors to Iceland’s seafood economy. Notably:

• Annual export revenue is estimated in the range of USD 100–150 million, based on average FOB prices and volume
• The company supports hundreds of direct and indirect jobs in Vestmannaeyjar, contributing significantly to local economic stability
• Continuous reinvestment in fleet modernization and facility upgrades underscores financial resilience and commitment to long-term competitiveness

Sustainability and Corporate Responsibility

VSV adheres to Iceland’s science-based fisheries management system, which includes:

• Total allowable catch (TAC) limits per species
• Strict enforcement of bycatch and discard regulations
• Collaborative research efforts with the Marine and Freshwater Research Institute (MFRI)

The company also invests in energy efficiency and waste reduction programs, aligned with national goals for carbon neutrality in the seafood sector.

Recognition and Industry Engagement

VSV Seafood is a regular participant at:

• Seafood Expo Global
• Japan Seafood Show
• Boston Seafood Show

It is also a member of key industry alliances promoting responsible fisheries, traceability, and innovation in seafood production.

Summary

VSV Seafood Iceland ehf. stands as a benchmark for vertically integrated, sustainably managed seafood operations. With strong roots in Iceland’s rich fishing heritage, modern infrastructure, certified practices, and a robust export record, the company continues to deliver high-quality marine products to discerning global buyers. Its commitment to innovation, traceability, and ecological responsibility makes VSV a trusted partner in the premium seafood supply chain.