What does othello mean when he states "new friends our wars are done , the turks are drown'd?

What does Othello mean when he states "New Friends our wars are done, the Turks are drown'd? 
Othello reporting that the Turkish ships have been wrecked and there's no more war to fight. Othello speaking about lago, assuming he's honest and trustworthy.

Ialways thought that he thought it wasn’t fair because he thinks that people should be able to experience things and think outside of the box, or see color and add brightness and happiness to their lives but idk.