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EU Membership Threatens Iceland's Last Whaling Operation

Created at 28 Aug · 2:26 AM1 source↑ Market-relevant
IN SHORT

Icelanders will vote on rejoining the EU, a move that would likely end the country's commercial whaling industry. Kristján Loftsson, owner of the sole whaling fleet, is seeking novel ways to make whale meat profitable, including iron supplements, as the practice faces increasing scrutiny and potential prohibition under EU regulations.

Key Numbers

50+fin whales hunted this season
3 billionIcelandic krona lost by Hvalur hf. (2011-2021)
€21 millionapproximate loss by Hvalur hf. (2011-2021)
2 billionpeople worldwide suffering from anemia
150specimens quota for Hvalur hf. this year
20 metersaverage length of an adult fin whale
50 tonsaverage weight of an adult fin whale

Who's Involved

Kristján Loftsson
Icelandic millionaire and driving force behind the country's whaling industry
Hvalur hf.
Iceland's only commercial whaling company
Arne Feuerhahn
Founder of Hard To Port, an NGO documenting Icelandic whaling
Conor Ryan
Marine scientist campaigning against whaling
Arni Finnsson
Chair of the board at the Iceland Nature Conservation Association
Guðlaugur Þór Þórðarson
Member of Parliament for the Independence Party and former environment minister
EU Membership Threatens Iceland's Last Whaling Operation

↳ Why This Matters

The outcome of Iceland's referendum on EU membership will determine the future of its long-standing, albeit controversial, whaling industry, impacting conservation efforts, international trade relations, and Iceland's geopolitical alignment.

Key facts

  • Icelanders will vote on August 29 on whether to restart negotiations to join the European Union.
  • EU rules prohibit the capture or killing of all cetaceans, including whales.
  • Kristján Loftsson, owner of Hvalur hf., operates Iceland's sole commercial whaling fleet.
  • Hvalur hf. has hunted over 50 fin whales this season and is exploring new markets for whale meat.
  • The company's whaling operations incurred substantial losses between 2011 and 2021.
  • EU membership would likely force an end to Iceland's commercial whaling.

Icelanders are set to vote on whether to resume negotiations for European Union membership, a decision that could effectively end the nation's commercial whaling industry. Kristján Loftsson, the 83-year-old millionaire at the helm of Hvalur hf., Iceland's sole whaling company, has been seeking innovative ways to sustain the business, including marketing whale meat as an iron supplement for anemic individuals worldwide.

Hvalur hf. operates two ships that hunt fin whales during the summer season, having already killed over 50 specimens this year under a quota of 150. Despite Loftsson's efforts to find new markets, the business has faced significant challenges, including unprofitability and a reported loss of approximately 3 billion Icelandic krona (€21 million) between 2011 and 2021. The company previously halted sales to Japan due to unprofitability.

The potential EU membership poses a direct threat as EU regulations, specifically the Habitats Directive, ban the capture or killing of all cetaceans. While polls show the referendum vote is closely contested, with a slight lead for the 'Yes' vote, the implications for whaling are clear. Some Icelandic politicians, like former environment minister Guðlaugur Þór Þórðarson, believe an exemption for whaling would be impossible to obtain within the EU framework. He also suggested that whaling plays a role in controlling whale populations that could otherwise threaten Iceland's fisheries.

Anti-whaling activists, such as Arne Feuerhahn of Hard To Port, document the practice, highlighting concerns about cruelty and the methods used. These methods, largely unchanged from the early 1900s, involve harpoons with exploding grenades, and instances have been recorded where whales took considerable time to die. Marine scientist Conor Ryan notes that while the number of whales hunted may not significantly impact the overall fin whale population, his opposition is based on the ethical concerns of inhumane killing.

Frequently asked questions

The primary threat is the potential for Iceland to rejoin the European Union, which would require adopting EU regulations that ban the hunting of whales.

Kristján Loftsson is an 83-year-old Icelandic millionaire and the driving force behind Hvalur hf., the country's only commercial whaling company.

Hvalur hf. is developing plans to grind whale meat into powder and market it as an iron supplement to address global iron deficiency.

Hvalur hf. operates two ships hunting fin whales, with over 50 kills this season under a quota of 150, but the business has been unprofitable and faced significant losses.

What Happens Next

01Icelanders will vote on the referendum to restart EU membership negotiations.

How It Developed

Icelanders will vote on whether to restart negotiations to join the European Union.
EU rules prohibit the capture or killing of all cetaceans.
Kristján Loftsson's company, Hvalur hf., operates Iceland's only commercial whaling fleet.
Hvalur hf. has hunted fin whales, with over 50 kills this season.
The company is exploring new uses for whale meat, such as iron supplements.
Whaling operations for Hvalur hf. resulted in a significant financial loss between 2011 and 2021.
Anti-whaling activists document the practice, citing cruelty and outdated methods.
The EU's Habitats Directive bans cetacean hunting.

Sources

T1
Iceland’s last whaler faces a threat he can’t harpoon: The EUPOLITICO Europe

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