Eimskip’s operations are divided into two principal market segments: Liner services in the North Atlantic and international forwarding services.

LINER SERVICES

• The core of the Company’s operations
• Eimskip’s home market includes Newfoundland and Labrador, Greenland, Iceland, the Faroe Islands and Norway 
• 16 vessels in operation, of which 2 are ferries
• Terminal operations
• Chilled and cold storage facilities
• Warehousing
• Trucking and distribution
• Air freight services
• Agency services

FORWARDING SERVICES

• Primary focus on reefer forwarding - dry cargo forwarding is growing
• Efficient system based on a network of 56 own offices in 20 countries 
• Cooperation between Eimskip’s own offices, its worldwide network of associates and international deep-sea lines

In 2023, 68.3% of Eimskip's revenue came from liner services, while 31.7% came from forwarding services. The division of EBITDA in 2023 was 74.0% from liner services and 26.0% from forwarding services. The geographical division of revenue showed a decreasing share of Iceland-related business, contributing 40.3% of total revenue.

Liner EBITDA is EUR 91.3m in 2023 compared to EUR 119.5 in previous year, the decrease mainly driven by significant drop in Trans-Atlantic rates compared to previous year, less volume in Trans-Atlantic and generally lower margins in container- and reefer liner.

Forwarding EBITDA is EUR 32.1 in 2023 compared to EUR 43.6m in previous year when global freight rates were still on an elevated level.