The Company

The Company

Delivering premium quality products
to our valued customers all around the world

Our Company
We are headquartered in Reykjavik, the capital of Iceland - right in the middle of the N-Atlantic. Our products come from all over this vast ocean area - fished in the waters at the very west of the N-Atlantic along the Canadian coast, to the east part of the Barents Sea and all the way north of Svalbard in the Arctic Ocean. And on that route, we harvest both Greenlandic as well as Icelandic fishing grounds.

Together with affiliated companies the group forms a vertically integrated operation including deep-sea fishing vessels processing and freezing on-board, fishing vessels bringing fresh catch for peeling, land-based processing, and marketing of our carefully procured seafood.

We specialize in the delicious sweet succulent coldwater prawn (Pandalus borealis), both frozen at sea ready packed, as well as cooked and peeled on shore. In addition, we also offer Greenland halibut (Reinhardtius hippoglossoides), American Plaice (Hippoglossoides platessoides) and Cod (Gadus morhua).

All our products are subject to comprehensive quality checks, both at sea and in our BRC accredited facility. State of the art technologies ensure accurate and swift handling and processing of the catch to best maintain the original quality straight from the sea.

We strive to provide seamless service and stable supply of premium quality products to our valued customers all around the world.

Our mission is to provide excellent long-term value to our partners in a responsible way.
Our Story
Icelandic Export Center Ltd was established in 1972 by Óttar Yngvason, a practicing lawyer at that time fascinated by the possibility of harvesting delicious seafood from the Arctic seas. In the first quarter of a century the company marketed seafood from the Icelandic waters only - mainly coldwater prawns, scallops, and groundfish. In the late 1990's the company expanded to market seafood caught from various other fishing grounds in the North-Atlantic. Today our primary focus is on marketing and selling the coldwater prawn specie (Pandalus borealis) harvested across the North-Atlantic.

Over the last half a century the tasks have transformed with affiliated processing and fishing companies as well as with new technology. Improved fishing methods, automation and means of communication has led to more efficient production, improved quality, and stability of supply to our valued customers.

The company is privately owned by Óttar Yngvason, the founder of the company, and his son Yngvi Óttarsson.

Head office
Icelandic Export Center Ltd
Sidumuli 34
108 Reykjavik

Tel: +354 588 7600


Affiliated companies

Dögun ehf
Dögun is a seafood company that operates high-tech coldwater prawn peeling plant. It was established in 1983 and is in the small town Saudarkrokur in North-Iceland. After recent rebuilding of the plant it is equipped with state-of-the-art machinery to effectively cook, peel, grade, glaze, and pack premium quality coldwater prawns.

The plant is highly automated with attention given to every prawn to exceed the customers' expectations. Packing machinery allows the plant to pack various pack sizes, from 5 kg bulk bags to 100 g portion control packs.
Reyktal AS
The deep-sea fishing company Reyktal AS was established in 1996 and is in Tallinn, Estonia. The company currently operates five stern freezer trawlers and one smaller vessel fishing on various grounds around the N-Atlantic.

The trawlers freeze the catch onboard and typically stay at sea 3-4 weeks before bringing both ready cooked product, as well as raw material for land based peeling plants to port, and the smaller vessel brings in weekly fresh catches.

Our Environment

We are committed to ocean sustainability. Therefore, we always minimize the environmental impact of our operations and only handle products and raw material harvested from sustainable fisheries.

In our operation we strive to cause no unnecessary harm to the environment.  We know that our activity affects the environment, we are part of the problem, but we look for ways to minimize or offset any negative effect.  We constantly work on improvements and innovation to better our business practices and reduce environmental effect of our operation.
Corporate social responsibility
Our business ethics are a priority. That involves respecting our dedicated human resources and their rights. We play by the rules no matter what.

We respect the environment and aim to reduce, as much as possible any negative effect from our operations.

The products we handle are from sustainable sources. We respect and nurture the wild caught stocks we are allowed to harvest.