Cod Wars in a gesture of goodwill and sign of friendship between the cities of Hull and Reykjavík. The event was part of a project by Hull Museums on the history between Iceland and the United Kingdom during and after the Cod Wars. Cod Wars The Cod Wars (, "the cod wars", or "Landhelgisstríðin", "the wars for the territorial waters") were a series of confrontations between the United Kingdom and Iceland on fishing rights in the North Atlantic. Each of the disputes ended with an Icelandic victory. The Third Cod War concluded in 1976, with a highly favourable agreement for Iceland; the
Cod fisheries yearly catch achieved before the super-trawlers. Approximately 8 million tons of cod were caught between 1647 and 1750, a period encompassing 25 to 40 cod generations. The factory trawlers took the same amount in 15 years. A Newfoundland white paper published in 1978 stated that: The industry collapsed entirely in the early 1990s owing to overfishing and debatably, greed, lack of foresight and poor local administration. By 1993 six cod populations had collapsed, forcing a belated moratorium on fishing. Spawning biomass had decreased by at least 75% in all stocks, by 90% in three of the six stocks, and by