History of the North Sea United Kingdom and Germany signed the Treaty of Heligoland. The Cod War of 1893 erupted between Denmark and Britain over fishing territories. Denmark declared a fishing territory of 13 nautical miles (24 km) around their shores which included Iceland and the Faroe Islands. Britain did not acknowledge this claim. Tensions in the North Sea were again heightened in 1904 by the Dogger Bank incident, in which Russian naval vessels mistook British fishing boats for Japanese ships and fired on them, and then upon each other. The incident, combined with Britain's alliance with Japan and the Russo-Japanese War led to an
Atlantic cod for one year the planned 82% reduction in catch limits. Instead, the limit was reduced by 22%. The fishery brought in $15.8 million in 2010, coming second behind Georges Bank haddock among the region's 20 regulated bottom-dwelling groundfish. Data released in 2011 indicated that even closing the fishery would not allow populations to rebound by 2014 to levels required under federal law. Restrictions on cod effectively limit fishing on other groundfish species with which the cod swim, such as flounder and haddock. Cod populations or stocks can differ significantly both in appearance and biology. For instance, the cod stocks of