Grimsby is strongly linked with the sea fishing industry, which once generated wealth for the town. At its peak in the 1950s, it was the largest and busiest fishing port in the world. As a result of the Cod Wars with Iceland, this industry has been in decline for many years. In 1970 around 400 trawlers were based in the port, by 2013 only 5 trawlers remain based there. By comparison, 15 vessels are used to maintain offshore wind farms in the North Sea. The town still has the largest fish market in the UK, but most of what is sold
Harold Innis and the cod fishery World from Spain." Innis shows how the cod fishery was interwoven economically with the slave trade and international markets for such other products as sugar, tobacco and rum. He argues that rivalry between the British and the colonists in New England led to the American Revolution. While his study of the fur trade focused on the continental interior with its interlocking rivers and lakes, "The Cod Fisheries" looks outward at global trade and empire showing the far-reaching effects of one staple product, both on imperial centres and on marginal colonies such as Newfoundland, Nova Scotia and New England. Biographer, John