Iceland: Committed to Sustainability for the Whole Marine Ecosystem
Friday, November 19, 2021

Sealaska announced in October that it has plans to acquire equity in two leading Icelandic seafood companies – IceMar and AG Seafood.
Some might wonder why an Alaska Native Corporation in Southeast Alaska would invest in Iceland.
The reality is that fisheries in Alaska and Iceland share important qualities when it comes to seafood. Their shared approach to responsible fisheries management aligns with Sealaska’s work to foster ocean health by growing global demand for delicious, sustainably sourced seafood – including wild seafood from Alaska.
Like Alaska, Iceland has a rich heritage as a fishing and fish-processing region, with some of the best products anywhere. Fishing remains one of the central elements of its economy, and sustaining its most valuable resource for the long term is critically important to the island nation.
As a result, Iceland’s government uses science to carefully manage its fisheries and make its fishing economy one of the most technologically advanced, efficient and sustainable in the world. Iceland was one of the first countries to set harvest-control rules for its marine stocks, and its catch-limitation system is the foundation of its fisheries management. It also deploys special measures to protect small fish and imposes clear rules on discards and by-catch. All fish caught in Iceland must be landed and sold in markets, a rule that reduces waste and improves tracking and accountability.
In Iceland the Marine & Freshwater Research Institute, an independent institution governed by the Ministry of Fisheries, researches the ocean’s commercial stocks and advises the government on fisheries. The institute is the main organization in Iceland conducting marine and fisheries research.
Key to Iceland’s approach is the belief that supporting communities and their economies is as important to sustainability as natural-resource conservation. In addition to supporting fishermen, the nation supports related industries such as processing, technology and software.
That means Iceland supplies the world with some of the best processing equipment anywhere. State-of-the-art systems built in Iceland use precise water jets and other technology to ensure more accuracy, less waste and higher yield to make the most of every fish. This video from Marel offers an overview. Up to 80 percent of Icelandic fish are used, compared with a world average of just 50-60 percent.
IceMar is an award-winning sales and marketing business that sells premium seafood from Iceland all over the world. Its products are certified by the Marine Stewardship Council and the Aquaculture Stewardship Council. AG Seafood is a highly efficient processor of cod, haddock and various species of wild flatfish.
Investing in Iceland advances Sealaska’s goals to bring the best seafood to the world, efficiently and responsibly. Having a presence in Iceland opens even more parts of the globe to wild Alaska seafood, and it gives Sealaska the ability to offer top-quality products from Iceland as well.
More information on Iceland’s approach to responsible fisheries can be found on the government’s website.
News Search
544 results found
We are excited to announce that the results of the 2025 Sealaska election have been certified and are ready to share with all of you.
Congratulations to our 2025 winners. At Sealaska, we are deeply grateful for your participation in this year’s election. Selecting exceptional leaders to help guide our shared future is one of the most meaningful ways for shareholders to engage with us. These winners were randomly selected from the pool of early birds by the Inspectors of Election. All payments will be processed this week and delivered via the payment method on file for distributions in MySealaska.com.
We are continuing our search for a dynamic and visionary leader to serve as Sealaska’s president. It is important that we find the right candidate to fill this position, which is why the Sealaska board of directors is being as exacting as possible as we search for a candidate capable of amplifying the impact of our mission and providing benefits that empower our shareholders. To this end, the Sealaska board of directors recently revised the job description for the position of president and sought the assistance of a professional recruiting firm. Our hope is to announce a successful candidate as our new president this coming summer.
After considering the recently announced U.S. Postal Service delays to First-Class Mail in conjunction with a paper proxy error leading shareholders who wish to vote by mail to potentially wait for their regularly scheduled second proxy mailing, we have made the decision to extend the early bird deadline to June 6. We are listening to shareholders and want to give everyone the best chance to qualify as an early bird. Thank you for understanding and thank you for voting.
Shareholders, an error occurred when printing proxy cards regarding the number of shares you own and votes you have in the top right corner of your proxy card. This error does not affect the validity of your paper proxy, nor does it affect voting on MySealaska.com through the Election Connection portal
Early birds, it’s your time to fly! Congratulations to our 2024 winners.
Sealaska shareholders are invited to join us at our upcoming in-person and virtual community meetings to learn more about Sealaska business operations, upcoming opportunities and connect with fellow shareholders and descendants.
Sealaska shareholders are now able to view and download their IRS Form 1099-DIV for 2023. Printed 1099 tax forms will be mailed on or before Jan. 26.
Film is a mirror: Sealaska shareholder descendant Miciana Hutcherson reflects on Black History Month
Sealaska shareholders are now able to view and download their IRS Form 1099-DIV for 2022. Printed 1099 tax forms will be mailed on or before Jan. 27.
What Are Shareholders Saying? How does blood quantum impact your life?We asked this simple question and more than 600 shareholders answered, so far. Below are a few of the perspectives we shared via our social channels. Some of these posts you will love. Some you may not. Sealaska has not taking a position, we are …