In extreme cases of overfishing, the entire stock collapses. The spawing stock has been reduced to below the safe minimum and produces too few offspring. The great the fishery effort is, there is no profitable catch anymore.
After a collapse, extreme protective measures are necessary to rebuild the fish stock to a certain strength. Extermination is not in question since the fishery will have collapsed beforehand. A fish species can totally disappear locally, which happened to the thornback ray in the Wadden Sea and the coastal zone of the North Sea.
For the fishermen and the thereby related industry, a collapse of the fish stock is often disastrous. Something of the sort has often led to the pauperizing of a fishing fleet. A classical example is the Pacific sardines which used to be found by the coast of Monterey in California. Within a few years since 1950, there was nothing more to fish while before then, 200,000 to 300,000 tons per year were landed. Other examples are the Peruvian anchovies, the cod by the coast of Newfoundland and the North Sea herring. In none of these cases was the fisheries the only cause of the collapse, however an extremely high fishery pressure together with weak year classes lead to a collapse in the stock. Often times, the precise share of the various factors is not possible to register and the blame is thrown in all directions. Fishermen, fishery biologists, politicians, climate or whales and seals each are blamed in turn.
In the North Sea, the cod stock has been on the edge of collapse since 1998. Causes are the high fishery pressure on the species itself, the large amount of cod caught as by-catch in flatfish nets and perhaps also the change in temperature of the seawater: cod is a cold water species that migrates to the north when the water in the North Sea warms up.
Even when a collapse happens, the fish stock can still recover when one lowers the pressure. At the end of the 1980s, the herring were once again in high numbers. Despite past experiences, the herring fishery is again fishing rather intensively.