HMS Malcolm (F88) "Malcolm"s medical support was essential to fishing operations off Iceland. The Ministry of Defence decided not to replace "Malcolm" immediately, probably because the situation had calmed somewhat (1970 was between the first and second Cod Wars). Responsibility for supporting the fishing fleet was henceforth the Department of Trade and Industry's. The dispute ended in 1976 in a face-saving treaty and victory for Iceland. Two years later, "Malcolm" was decommissioned. She was considered too small to act as a modern frigate and therefore unable to continue service into the 1980s. HMS Malcolm (F88) HMS "Malcolm" was a anti-submarine frigate of the
Cod fisheries in Norwegian) has also been exported. The trade operations and the sea transport were by the end of the 14th century taken over by the Hanseatic League, Bergen being the most important port of trade. William Pitt the Elder, criticizing the Treaty of Paris in Parliament, claimed that cod was "British gold"; and that it was folly to restore Newfoundland fishing rights to the French. In the 17th and 18th centuries in the New World, especially in Massachusetts and Newfoundland, cod became a major commodity, forming trade networks and cross-cultural exchanges. In 1733, Britain tried to gain control over trade