Fisheries and Catch

Fishing is Greenland’s single most important trade. Fishing for prawns and Greenlandic halibut and some other species is regulated by quota and license regulations decided by the government. Fishing comes in two breeds, coastal - and offshore fishing. Coastal fishing supplies land-based seafood buyers, while the offshore fishing fleet primarily consists of factory vessels with on-board production. The land-based fishing industry is dominated by two companies, the government-owned Royal Greenland, and the private owned Polar Seafood. Royal Greenland is Greenlands largest company. In the last couple of years, several private seafood enterprises have appeared on the scene.

Huntsmanship has been a way of life in Greenland for generations. Even today, hunting provides an important supplement to household economy. Hunting is regulated by means of seasons and permissions. A hunting license is mandatory for anyone, who wants to hunt. The general license comes in two breeds, a professional and recreational. In addition, a specific license is needed when hunting quota – limited species. The quota system regulates the number of animals available for hunting. Professional hunting license holders usually don’t make a full living from hunting. In addition, they will often do dinghy fishing in summer and ice fishing in winter.

Seal still plays an important role. The seal pelt is usually traded, while the meat is consumed or used for dog fodder in the northern districts. About 50 per cent of traded seal pelt is tanned by Great Greenland, the countrys only tannery. A number of whale species have hunting quota. The meat is consumed in Greenland only, and whaling plays a minor economic role. Reindeer and musk ox are the most important land species. Sheep and lamb are butchered at Neqi A/S. Bird hunting is regulated by means of quota. A number of species are not quota-regulated. In general, the police enforce hunting regulations.