O. C. Joensen has been a well-known and respected name in the Faroese business community since the 1890s. Today, O. C. Joensen Ltd. is a part of the worldwide shipping company, Thor Group.

O. C. Joensen offers Queen Scallops and Deep-sea Red Crab from the pistine waters of the Faroe Islands, harvested by their own vessels, and are currently experimenting with processing Whelk for export.