"It was the Law of the Sea, they said.
Civilization ends at the waterline. Beyond that, we all enter the
food chain, and not always right at the
top."
-Hunter S. Thompson
As in the movie Life of Pi, where the adventures of the
sea help the little boy reach his destination. Similarly, the vast
ocean quests of the sea provide a pool of resources and
opportunities. We are well aware of the fact that oceans hold 97%
of the world's water supply and provide a sea of possibilities
to corporations that facilitate growth in the world economy. They
have always perceived as an open free space; like a vast
frontier.
Dating back to the 17thcentury, when many countries formalized
this viewpoint through the Freedom of the Seas doctrine. The
doctrine limited any countries rights to the ocean to a close
distance, around 4.8 kilometers, surrounding its coastline and
declared the rest of the seas to be free to all countries and said
that it belonged to no one. This concept had
