Dynamics of piracy in maritime transportation

Maritime Piracy is an organized, violent, and acquisitive crime against humanity that has existed for as long as the oceans were plied for commerce. At present, it could be categorized as a multi-million dollar criminal enterprise that primarily affects the global economy. It may also affect local fisheries, regional trade, and oil industry in many cases. This paper provides an overview of different aspects of maritime piracy problems with particular reference to the need for integrated counter-piracy initiatives. A total success in combating piracy demands active global participation, with particular reference to the (i) identification of root causes, (ii) development of effective rehabilitation plans, (iii) global brain storming for comprehensive and appropriate adaptive solutions, (iv) balance between military and political efforts, (v) strong international cooperation and pirate network disintegration efforts, and (vi) development of a clear legal prosecution system with suitable mechanisms to ensure effective enforcement of the regulations.