 In its heyday, it became the UK’s seventh largest fishing port, operating several hundred fishing trawlers, but with exhaustion of inshore fishing grounds, the docks were too small for large ocean-going trawlers, and fishing is now virtually totally non-existent.Milford was originally built for a naval dockyard, but this project was transferred in 1814 to Pembroke Dock on the opposite side of the estuary, where it operated until closure in 1926.The town of Neyland, originally known as New Milford, was also purpose-built, this time by the Great Western Railway as a transatlantic shipping terminal.