The course of English discovery in the north was for a time concluded by the voyage of William Baffin in 1615, which resulted in the discovery of the land named after him, as well as many of the islands to the north of America.
Meanwhile the Dutch had taken part in the work of discovery towards the north.

They had revolted against the despotism of Philip II., who was now monarch of both Spain and Portugal.

At first they attempted to adopt a route which would not bring them into collision with their old masters; and in three voyages, between 1594 and 1597, William Barentz attempted the North-East Passage, under the auspices of the States-General.

He discovered Cherry Island, and touched on Spitzbergen, but failed in the main object of his search; and the attention of the Dutch was henceforth directed to seizing the Portuguese route, rather than finding a new one for themselves.
The reason they were able to do this is a curious instance of Nemesis in history.

Owing to the careful series of intermarriages planned out by Ferdinand of Arragon, the Portuguese Crown and all its possessions became joined to Spain in 1580 under Philip II., just a year after the northern provinces of the Netherlands had renounced allegiance to Spain.