Icelandic Seamen's Union Strike Halts Eimskip's Shipping Operations
The Icelandic Seamen's Union (SI) has initiated a strike affecting three containerships owned by Eimskip, an Icelandic shipping company. The strike began on May 25, following the expiration of a contract that included wage increases and cost-of-living adjustments. Eimskip has been in negotiations with the union, including efforts with a state mediator, but no resolution has been reached. The company has denied media reports suggesting it is using lower-cost foreign labor instead of Icelandic crews. The strike impacts the vessels Bruarfoss, Dettifoss, and Selfoss, which are now either idle or proceeding to Reykjavik. Eimskip has reported financial challenges, including a 4.5% decline in shipping volumes and a 40% drop in EBITDA in the first quarter of 2026. The company is working to minimize disruptions to its sailing schedule and services. 
