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Shareholder dispute could bring down Icelandic whaling company

Shareholder dispute could bring down Icelandic whaling company

The company behind fin whaling in Iceland, Hvalur hf. is being sued by three of its shareholders in a case that could force the company to dissolve. According to reports from Iceland, the three shareholder companies are demanding to redeem their shares in Hvalur hf. for ISK 1,563,000,000 (nearly £9m) plus interest. The shareholders have…

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Cancelled hunt could save 154 Icelandic fin whales this summer

I couldn’t be more thrilled at today’s announcement by Icelandic fin whaler, Kristjan Loftsson, that he won’t be slaughtering fin whales off Iceland this summer at least. Loftsson’s whaling company, Hvalur hf, has killed 706 fin whales since Iceland resumed commercial whaling in 2006, in defiance of a global ban on commercial whaling and despite…

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Breach: London screening a great success

We were privileged to host the first screening of Breach in Europe on Friday evening. Breach, a film about Icelandic whaling, was presented by its producer and director, Los Angeles-based film-maker, Jonny Zwick. It was a great night at an amazing avant-garde venue, the historic Horse Hospital in the heart of London’s Bloomsbury district. Audience…

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Lean time for “fat cats“ in Iceland

Icelandic fin whaler, Kristjan Loftsson (pictured in blue jumper below, fourth left), has not had a good couple of weeks. The Icelandic media continues to be relentless in its criticism of the billionaire following his recent re-election as Chair of the board of seafood giant, HB Grandi.   One of the Board’s first actions was…

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