The Basques were fur trading, fishing cod and whaling in Terranova (Labrador and Newfoundland) in 1520, and in Iceland by at least the early 17th century. They established whaling stations at the former, mainly in Red Bay, and probably established some in the latter as well. In Terranova they hunted bowheads and right whales, while in Iceland they appear to have only hunted the latter. The Spanish fishery in Terranova declined over conflicts between Spain and other European powers during the late 16th and early 17th centuries.