Icelandic Export Center Ltd was established in 1972 and markets seafood products from the North Atlantic from affiliated producers. Together they make up a vertically integrated group connected through ownership ties. The operation includes deep-sea fishing vessels freezing on-board, deep-sea fishing vessels bringing fresh catch for peeling, local fjord catch boats, land based processing, marketing of products, and exports.
Main fishing areas are in the North Atlantic Ocean:
- Flemish Cap in NAFO area,
- Icelandic fishing grounds, and
- Barents Sea.