Points
1>>>Ever since a civil war brought down Somalia's last functional government in 1991, the country's 3,330 km (2,000 miles) of coastline — the longest in continental Africa — has been pillaged by foreign vessels.
2>>>A United Nations report in 2006 said that, in the absence of the country's at one time serviceable coastguard, Somali waters have become the site of an international "free for all," with fishing fleets from around the world illegally plundering Somali stocks and freezing out the country's own rudimentarily-equipped fishermen.
3>>>an estimated $300 million worth of seafood is stolen from the country's coastline each year.A 2006 study published in the journal Science predicted that the current rate of commercial fishing would virtually empty the world's oceanic stocks by 2050.
4>>>High-seas trawlers from countries as far flung as South Korea, Japan and Spain have operated down the Somali coast, often illegally and without licenses, for the better part of two decades, the U.N. says. They often fly flags of convenience from sea-faring friendly nations like Belize and Bahrain, which further helps the ships skirt international regulations and evade censure from their home countries.
5>>>In the early days of Somali piracy, those who seized trawlers without licenses could count on a quick ransom payment, since the boat owners and companies backing those vessels didn't want to draw attention to their violation of international maritime law.
6>>> dumping toxic and nuclear waste off Somalia's shores. it cost $2.50 per ton for a European company to dump these types of materials off the Horn of Africa, as opposed to $250 per ton to dispose of them cleanly in Europe.
7>>>In the meantime, Somali piracy has metastasized into the country's only boom industry. Most of the pirates, observers say, are not former fishermen, but just poor folk seeking their fortune.
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