Labrador Current Labrador Current The Labrador Current is a cold current in the North Atlantic Ocean which flows from the Arctic Ocean south along the coast of Labrador and passes around Newfoundland, continuing south along the east coast of Nova Scotia. It is a continuation of the West Greenland Current and the Baffin Island Current. It meets the warm Gulf Stream at the Grand Banks southeast of Newfoundland and again north of Outer Banks of North Carolina. The combination of these two currents produces heavy fogs and has also created one of the richest fishing grounds in the world. In spring and
Atlantic Ocean is interrupted by larger transform faults at two places: the Romanche Trench near the Equator and the Gibbs Fracture Zone at 53°N. The MAR is a barrier for bottom water, but at these two transform faults deep water currents can pass from one side to the other. The MAR rises above the surrounding ocean floor and its rift valley is the divergent boundary between the North American and Eurasian plates in the North Atlantic and the South American and African plates in the South Atlantic. The MAR produces basaltic volcanoes in Eyjafjallajökull, Iceland, and pillow lava on the ocean floor.