Cod Wars Iceland's unilateral extension of its fishery limits from . Unlike in the Cod Wars, the Royal Navy was never sent into Icelandic waters. The British trawling industry, however, implemented costly sanctions on Iceland by imposing a landing ban on Icelandic fish in British ports. The landing ban was a major blow to the Icelandic fishing industry (the UK was Iceland's largest export market for fish) and caused consternation among Icelandic statesmen. The two sides decided to refer one part of the Icelandic extension to the ICJ in early 1953: the controversial Faxa Bay delimitation. Cold War politics proved favourable for
Cod fisheries eastern coast. The interplay between fishing societies and the resources on which they depend is palpable to even the most unacquainted observer: fisheries transform the ecosystem, which in turn pushes the fishery and society to adapt. In the summer of 1992, when the Northern Cod biomass fell to one percent of its earlier level, it became apparent to Canada's federal government that this relationship had been pushed to the breaking point and a moratorium was declared, ending the region's half-millennium run with the Northern Cod. The collapse of the Northern Cod fishery marked a profound change in the ecological, economic