Cod Wars Third Cod War (November 1975 – June 1976) began after Iceland again extended its fishing limits, now to from its coast. The British government did not recognise the large increase to the exclusion zone and so an issue occurred with British fishermen and their activity in the disputed zone. The conflict, which was the most hard-fought of the Cod Wars, saw British fishing trawlers have their nets cut by the Icelandic Coast Guard, and there were several incidents of ramming by Icelandic ships and British trawlers, frigates and tugboats. One of the most serious incidents occurred on 11 December 1975.
Cod a 70% drop over the last 30 years, and if this trend continued, the world’s cod stocks would disappear in 15 years. Åsmund Bjordal, director of the Norwegian Institute of Marine Research disputed the WWF's claim, noting the healthy Barents Sea cod population. Cod (known in Norway as skrei) is among Norway's most important fishery exports and the Barents Sea is Norway's most important cod fishery. In 2015, the Norwegian Seafood Council invited Crown Prince Haakon to take part in opening the year’s cod fishing season on the island of Senja. In 2003, under the new legislative framework of the