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Nova Scotia has a diversified economy based on both land and sea resources.
Their findings support the view that pirates began as a community "coastguard" after illegal foreign fishing boats had exploited Somalia's collapse to plunder its sea resources.
It plans to offer a few to foreigners in a bid to drum up some much-needed cash.One of President Abdurrahman Wahid's first acts on taking office 19 months ago was to create a new ministry to deal with sea resources.
"At about 7 20 in the morning, the boarding team started to conduct a board, search and seizure on the first Chinese fishing vessel and found large amounts of corals, sizable quantities of giant clams and live sharks in its compartments," Admiral Pama told reporters on Wednesday, adding that the other Chinese boats carried similar sea resources that he said were illegal to harvest.
Maritime functions are defined as broad groups of economic activities that are related to the seas or to sea resources.
To establish a comprehensive view on economic activities that are related to sea or sea resources, the consortium has proposed to use an approach which is more closely linked to these resources, by addressing the main maritime functions of the oceans, seas and coasts.
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Despite great fishery potentials, however, most commercial fishing is done by small-scale fishermen at lower depths, while deep-sea resources (with the exception of tuna) remain poorly fished.
Though more surveys will be needed to firm up any American claim, countries have a right to expand their control of seabed resources well beyond the continental shelves bordering their coasts if they can find such sloping extensions.
Beyond 200 miles, coastal states lose their rights over fish but retain them over seabed resources — wherever they can demonstrate scientifically that the ocean floor is a "natural prolongation" of the continental shelf closer to shore.
Most CWC discoveries are recent, posing new challenges for Norwegian coastal and fishery authorities regarding the management of deep-sea resources.
In addition, extensive deep-sea resources of nickel are in manganese crusts and nodules covering large areas of the ocean floor, particularly in the Pacific Ocean.
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