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
Collapse of the Atlantic northwest cod fishery of Maine had led to overfishing despite regulation. Thus, overestimates of stock biomass due to generalisation of local estimates, and ignorance of environmental factors in growth or recovery potential of a cod fishery would lead to mismanagement and further collapse of stocks, through further unsustainable quotas, as in the past. Collapse of the Atlantic northwest cod fishery In 1992 the Canadian Federal Minister of Fisheries and Oceans, John Crosbie, declared a moratorium on the Northern Cod fishery, which for the preceding 500 years had largely shaped the lives and communities of Canada's eastern coast. Fishing societies interplay with the resources