Cod Wars cut the nets of "Carlisle", and "Falmouth" rammed it again. "Týr" was heavily damaged and found herself propelled by only a single screw and pursued by the tug-boat "Statesman". In the dire situation, Captain Guðmundur Kjærnested gave orders to man the guns, in spite of the overwhelming superiority of firepower HMS "Falmouth" enjoyed, to deter any further ramming. The Third Cod War saw 55 ramming incidents altogether. In NATO-mediated sessions, an agreement was reached between Iceland and the UK on 1 June 1976. The British were allowed to keep 24 trawlers within the 200 nmi and fish a total of
Cod Wars Wars because Icelandic statesmen were too greatly constrained by domestic politics to offer compromises to the British, but British statesmen were not as constrained by public opinion at home. International relations scholars such as Robert Keohane, Joseph Nye, Hans Morgenthau, Henry Kissinger and Ned Lebow have written on the Cod Wars. The 2016 review article finds that lessons from the Cod Wars have most commonly been applied to liberal and realist international relations theory and theories on asymmetric bargaining. It claims that the Cod Wars are widely seen as inconsistent with the precepts of the liberal peace, since democracy, trade