Eimskipafélag Íslands hf. (Eimskip)

https://www.eimskip.com

Eimskipafélag Íslands hf., commonly known as Eimskip, is an international shipping and logistics company headquartered in Reykjavík, Iceland. Founded in 1914, its mission is to be a leading transportation company in the North Atlantic, providing container and reefer liner services with connections to international markets, and specializing in worldwide freight forwarding services with a focus on frozen and chilled commodities. The company aims to provide comprehensive transportation services and door-to-door solutions to its customers.

Eimskip's operations are primarily divided into two segments: liner services in the North Atlantic and international forwarding services. Its liner services include ocean transport, terminal operations, chilled and cold storage facilities, warehousing, trucking and distribution, air freight services, and agency services. The company operates a fleet of vessels in the North Atlantic, connecting ports in Newfoundland and Labrador, Greenland, Iceland, the Faroe Islands, Norway, Europe, and North America. Eimskip specializes in the transportation of temperature-controlled cargo, particularly seafood products, but also handles dry cargo, aluminum, and general goods.

As of June 2026, Eimskip is navigating a challenging market, with recent news including an indefinite strike by bosuns and able seamen on three of its vessels, which began on May 25, 2026, following failed wage negotiations. This industrial action is expected to disrupt sailing schedules. In April 2026, prosecutors dropped an individual case against Eimskip's COO related to a ship sale investigation, but corporate charges against Eimskipafélag Íslands and its subsidiary Eimskip Ísland are proceeding. Vilhelm Már Thorsteinsson serves as the Chief Executive Officer, a position he has held since January 2019. The company recently appointed Elísa Dögg Moraitis Björnsdóttir as Executive Vice President of its Iceland Domestic Operations division in June 2026. Eimskip operates 56 offices in 20 countries across four continents and is listed on Nasdaq Iceland.

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CID: 5300