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The salvage of historic shipwrecks involves a debate between salvors, who wish to maximize profit, and archaeologists, who wish to preserve historical value. Traditionally, salvage of shipwrecks has been governed by admiralty law, but the Abandoned Shipwreck Act of 1987 transferred title of...
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We describe the capture-to-ransom pirate business model, which is proving very successful against merchant shipping, even though the latter enjoys the protection of naval warships. We argue that failure to adequately enforce international law is symptomatic of inherent weaknesses in that law:...
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