who owns international waters

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The other 80% we have given away to … Under international conventions, the "salvor" is required to return the found goods to the original owner in return for a reward. The issue of who owns the oil and gas in the waters off Scotland's coast will be one which is sure to play a big role during the campaign ahead on the referendum in autumn 2014. The answer, in the terms of international law, is defined by the United Nations Convention on the Law of the Sea (UNCLOS). International waters, or the “high seas,” as they are sometimes called, are the areas of the ocean that don’t fall under any nation’s jurisdiction. As a result of membership of the Common Fisheries Policy, we are now allowed to catch less than 20% of the fish that swim in British waters. International Waters Definition. They are beyond a nation’s reach, which means that no one “owns” them. Additionally, the law of the high seas applies – it is part of international law. The very nature of the sea, untamed and unconstrained, begs the question: who owns the fish? The population around this water body is not evenly distributed; the English Shore is the most populous region. The next logical question would be – where do international waters begin? The British-flagged oil tanker Stena Impero, which had been held off the Iranian port of Bandar Abbas for more than two months, set sail and reached international waters Friday, its Swedish owner said. Under international law, a country has complete sovereignty over these waters and so essentially can do what it wants in terms of taking ownership, says Mr Mackintosh. Under international law, offshore oil rigs like the Deepwater Horizon are treated as ships, not real estate. The UN Convention on the Law of the Seas states the different rights and regulations regarding specific nations’ rights to oceans. The important towns around the English Channel have a population of more than 20,000 people each. 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