HMS Malcolm (F88) "Malcolm"s medical support was essential to fishing operations off Iceland. The Ministry of Defence decided not to replace "Malcolm" immediately, probably because the situation had calmed somewhat (1970 was between the first and second Cod Wars). Responsibility for supporting the fishing fleet was henceforth the Department of Trade and Industry's. The dispute ended in 1976 in a face-saving treaty and victory for Iceland. Two years later, "Malcolm" was decommissioned. She was considered too small to act as a modern frigate and therefore unable to continue service into the 1980s. HMS Malcolm (F88) HMS "Malcolm" was a anti-submarine frigate of the
Atlantic cod for one year the planned 82% reduction in catch limits. Instead, the limit was reduced by 22%. The fishery brought in $15.8 million in 2010, coming second behind Georges Bank haddock among the region's 20 regulated bottom-dwelling groundfish. Data released in 2011 indicated that even closing the fishery would not allow populations to rebound by 2014 to levels required under federal law. Restrictions on cod effectively limit fishing on other groundfish species with which the cod swim, such as flounder and haddock. Cod populations or stocks can differ significantly both in appearance and biology. For instance, the cod stocks of