Investor News
Announcement from Eimskip
Friday, June 5, 2026
Today Reykjavík District Court dismissed Alcoa Fjarðaál sf.’s second tort case against Eimskipafélag Íslands hf., Eimskip Ísland ehf., Samskipum hf., og Samskip Holding B.V. In May 2025 Alcoa decided to suspend its previous case against Eimskip and pay the litigation cost. In December 2025 Alcoa summoned a new case which relates to the same matter as the case it suspended, except that the second summons claim was recognition of liability for compensation, without an amount. That case has now been dismissed. It was and is Eimskip ‘s assessment that the claim is baseless, and the conditions of tort law are not fulfilled. Furthermore, Alcoa’s alleged loss and therefore its claim is not based on any established documentation. Further information: Harpa Hödd Sigurdardóttir, Executive Vice President, HR & Communication, email: harpa@eimskip.com.
Negotiations have not yet succeeded, and a strike has begun on Eimskip's own vessels
Monday, May 25, 2026
At noon today, Monday 25 May, an indefinite strike by bosuns and able seamen of the Icelandic Seamen’s Union (SÍ) began on Eimskip's own vessels: Brúarfoss, Dettifoss, and Selfoss. The strike will affect the Company's sailing schedule and services. Eimskip has been preparing for this scenario in order to minimize disruptions to customer service as much as possible. Terminal operations and other activities of the Company are proceeding normally. Last week, an agreement was reached between the Confederation of Icelandic Enterprise (SA), on behalf of Eimskip, and SÍ regarding harbor employees in Sundahöfn, and the announced strike there was called off. Negotiations regarding the wages and salary terms of bosuns and able seamen are still ongoing with the involvement of the State Mediator. Eimskip regrets that an agreement was not reached before the strike began and hopes that an agreement will be reached soon. As before, we will continue to keep customers updated as the situation develops. For further information, contact Harpa Hödd Sigurðardóttir, Executive Vice President of Human Resources and Communications, tel: 825 7379, email: harpa@eimskip.com.
Changes in Eimskip‘s Board of Directors
Friday, May 22, 2026
Baldvin Þorsteinsson has notified Eimskipafélag Íslands hf. that due to commitments arising from his primary employment and related engagements, he will resign from his position as an alternate member of Eimskip’s Board of Directors. Baldvin’s decision does not affect the composition of Eimskip’s Board of Directors, which will continue to comprise five primary members and one alternate member until a new alternate member has been elected.
Announcement from Eimskip: Agreement between SA (on behalf of Eimskip) and the Seafarers Union of Iceland (on behalf of harbor employees)
Thursday, May 21, 2026
The Confederation of Icelandic Enterprise (SA), on behalf of Eimskip, and the Seafarer’s Union of Iceland (SÍ) have entered into an agreement concerning harbor employees at Sundahöfn. The strike previously announced by SÍ, which was scheduled to commence on 26 May 2026, has been withdrawn. Under the agreement, negotiations on a collective wage agreement will be deferred until 31 October 2026 while a competency analysis of port operations is carried out. Embargo on strikes will apply during this period. In parallel, work has commenced on the implementation of a formal competency-based pay system for harbor employees. The system will be based on an objective job evaluation framework, whereby employee competence, skills and responsibilities form the basis for more efficient wage setting and clearer salary progression. The Education and Training Service Centre (Fræðslumiðstöð atvinnulífsins) will be responsible for classifying roles into competency levels based on the Icelandic Qualifications Framework. It is anticipated that job classification under the new system will be completed by 25 October 2026. Negotiations concerning bosuns and able seamen on the Company’s own vessels have not yet resulted in an agreement.