Fleetwood and as transport became more efficient, more overnight visitors became day visitors. The Hillhouse plant was heavily cut back, and was finally closed in 1999. Most serious, however, was the collapse of the fishing industry, which was largely destroyed in the late 1960s and early 1970s by the Cod Wars, a dispute over fishing rights between Iceland and the UK. As Fleetwood's trawlers mainly fished the North Atlantic in search of cod, the loss of the fishing grounds hit the town hard. The last deep sea trawler left the town in 1982 and now only inshore fishing boats fish out
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