Essay On Maritime Piracy

II.2. Maritime Piracy

The term “piracy” encompasses two distinct sorts of offences: the first is robbery or hijacking, where the target of the attack is to steal a maritime vessel or its cargo; the second is kidnapping, where the vessel and crew are threatened until a ransom is paid. Maritime piracy can be considered as the transnational and organized crime. Piracy ships are sailing through border of the other water way of sovereign nation state and requires a well-plan and expertise in some field.

The first recorded of piracy dates back to as easily as the 14th century BC when Sea Peoples threatened the Aegean and Mediterranean voyages. In Classical Antiquity (Starting in 8th century BC), the Illyrians, Tyrrhenian, Greeks, Romans, as well as the Phoenicians had been involved I acts of

Piracy gives rise to considerable direct and second order costs and has broad repercussions both at a regional and at a global level. Piracy disrupts transport and trade flows as well as other economic activities, such as fisheries and energy production, thus potentially jeopardizing the development prospect of both coastal and landlocked economic in affected regions. Moreover, piracy threaten the safety navigation and delivery of humanitarian aid and has broader implications for transport and trade across interconnected supply chains, as well as for energy and food security.

Piracy has become one of the critical threats in the Southeast Asia water ways, especially in Straits of Malacca. Reports published by the International Maritime Organization (IMO) as well as the International Maritime Bureau show an alarming increase in acts of Piracy in Southeast Asian waters over the past decade .

To be detailed, piracy is defined by the United Nations Convention on the law of the Sea or mostly known as UNCLOS in article 101