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
Fishing in the Falkland Islands its scientific strength and environmentally enduring. As of 2014, the Falkland Islands do not have a national fishing license; however, there are daily catch limits per person per day: on the Murrell River, the daily limit is three trout, while everywhere else, it is six trout. Squid fishing has accounted for about 75% of the total yield of 200,000 tonnes, which is exported to Europe and the Far East. The other 25% includes finfish species such as Rock Cod, Hake, Hoki and Toothfish. Brown trout fishing is common, and fish caught can be particularly sizable; the record for the largest