Cod Wars but that Britain would have fishing rights in allocated zones and under certain seasons in the outer for three years. The Icelandic Althing approved the agreement on 11 March 1961. The deal was very similar to one that Iceland had offered in the weeks and days leading up to its unilateral extension in 1958. As part of the agreement, it was stipulated that any future disagreement between Iceland and Britain in the matter of fishery zones would be sent to the International Court of Justice, in the Hague. The Second Cod War between the United Kingdom and Iceland lasted from
Fishing in the North Sea the 19th century large quantities of herring were produced in Scotland. Today mainly mackerel, Atlantic cod, whiting, coalfish, European plaice, and sole are caught. In addition, common shrimp, lobster, and crab, along with a variety of shellfish are harvested. In recent decades, overfishing has left many fisheries unproductive, disturbing the marine food chain dynamics and costing jobs in the fishing industry. Herring, cod and plaice fisheries may soon face the same plight as mackerel fishing which ceased in the 1970s due to overfishing. Since the 1960s, various regulations have attempted to protect the stocks of fish such as limited fishing