There will be no whaling for Fin Whales this summer by the sole Icelandic whaling company, Hvalur hf.
Kristján Loftsson, CEO of Hvalur hf told Icelandic newspaper Morgunblaðið “As the situation appears to us, Hvalur hf. sees no other situation than to wait for better times, but the situation will be taken up again in the new year“.
Kristján blamed tariff chaos and low prices in Japan for the decision which appeared to have been made on economic grounds.
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