The following year, 1604, Bennet was sent as master of the 60-ton ship Godspeed on a trading and sealing expedition, with Thomas Welden as merchant.
They spent the latter half of July and part of August at "Pechingo in Lapland" and Kola, returning to the Thames on 15 October.
They left London on 1 May but were captured by a Dunkirk ship on the 23rd, which, "tooke from us two Hogsheads of strong Beere, our Muskets, a Fowling Peece of Master Weldens, which cost three pounds sterling."
They arrived at Cherry Island on 2 July and four days later began hunting walrus, now killing them with both "shot and javelings".
The men were forced to row and sail to Bear Island, where they found Jonas Poole, master of the Elizabeth (which was sent to accompany the Mary Margaret).