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 waters to the West of Scotland where cod has continued to decline. It is broadly accepted that the plan has been a failure and has not delivered its objective of recovering the cod stocks in these areas because of the plan’s over reliance on effort (days-at-sea) that created an indiscriminate ‘race to fish’ which in fact increased fishing mortality on the biomass for cod, on other demersal species and had a destructive impact on the benthic zone of the seabed where it is intensely fished. On the other hand, conservation initiatives undertaken by fishermen working in cooperation with government, such