ENDNOTES 



1. "Cod quota slashed 25%," News from Iceland, July 1993, p. 1. Iceland's cod quota has been reduced by 

 more than 40 percent since 1991 and Icelandic scientists do not expect a recovery before 1998. The 25 percent 

 reduction in 1992-93 is responsible for a 4 percent reduction in Iceland's Gross National Product. 



2. One Icelandic company, the owner of the Safco Endeavour, was unable to complete refitting the vessel in a 

 Danish shipyard following the purchase of the ship from it's Danish owners. The vessel previously fished off 

 the Falkland Islands. "Iceland project halts," Fishing News International, July 1993, p. 43. 



3. David G. Wagner, Economic/Commercial Officer, U.S. Embassy, Reykjavik, Iceland, fax message, 

 September 24, 1993. 



4. David G. Wagner, Economic/Commercial Officer, U.S. Embassy, Reykjavik, Iceland, fax message, 

 September 24, 1993. 



5. David G. Wagner, Economic/Commercial Officer, U.S. Embassy, Reykjavik, Iceland, fax message, 

 September 24, 1993. 



6. David G. Wagner, Economic/Commercial Officer, U.S. Embassy, Reykjavik, Iceland, fax message, 

 September 24, 1993. 



7. "Iceland's cod catch in decline," U.S. Embassy, Reykjavik, June 2, 1993. 



8. "Icelandic fishing industry statistics," U.S. Embassy, Reykjavik, May 28, 1993. 



9. "Icelandic fishing industry statistics," U.S. Embassy, Reykjavik, May 28, 1993. 



10. For additional information see: William B. Folsom, "Icelandic Fishery Landings and Outlook," 

 International Fishery Report, 91/97, National Marine Fisheries Service, NOAA, U.S. Department of 

 Commerce, Silver Spring, Maryland, December 20, 1991. 



1 1 . This gave Iceland control over 216,000 square kilometers of ocean off its coastline. 



12. Bernard Scudder, "A video in every home, a trawler in every fjord," News from Iceland, November 1985. 



13. The Japanese vessels included the Arnar, Bjartur, Brettingur, Orangey, Hoffell, Ljosafell, Olafur Bekkur, 

 Pall Pdlsson, Raudinupur, and Vestmannaey. All were 462-GRT vessels built with 1972 with Niigata 2,000-hp 

 engines. 



14. The Ogri was one of the vessels built in Poland. The ship was a top money earner in 1979, with much of 

 the catch being landed directly in British and West German ports. "Iceland's trawler might. Fishing News 

 International, October 1980, pp. 54-55. 



15. "Icelandic trawlermen design for fuel economy, monitor every stage of consumption," The South African 

 Shipping News and Fishing Industry Review, September 1980, p. 47. The Kaldbakur was one of the vessels 

 built in Spain. The vessel was the most successful ship in the Icelandic fleet in 1979 with a total catch of 5,619 

 tons. 



220 



