From their website:
Bermeo is one of the most important fishing villages in the Basque Country. The town has a long maritime tradition and, for centuries, the bermeotarras (as locals from Bermeo are called) were famous whalers. Even today Bermeo’s economy is heavily based on the fishing industry and this is highlighted in its coat of arms, which shows a ship pursuing a whale.
Bermeo’s history dates back to the monastery of San Juan of Gaztelugatxe in 1051. In 1082, it is mentioned by Don Lope lñiguez as "Sancti Michaelis Arcangeli in Portu of Vermelio". Ferdinand II of Aragon named the town the capital of Biscay on 31 July 1476, a position it held until 1602. Many documents have been destroyed by fire; notable fires occurred in 1297, 1347, 1360, 1422 and 1504. The founding of Bilbao in 1300 also coincided with decline in Bermeo.
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