International Marine Economy offers contributions from marine experts around the globe on the economic impacts of recent developments in international waters. From the South China Arbitration Award to the Bay of Bengal Case, this text includes important writings on Artic Shipping and Fisheries, the deep seabed, resources and maritime boundary regimes and studies the possibility of a new international agreement regulating the conservation of biological diversity in areas beyond national jurisdiction. Finally, it concludes by considering the challenges and opportunities of whaling in the Antarctic Case, ocean governance issues in Southeast Asia, and the exercise of control over foreign merchant vessels and state liability for wrong assessments. This volume offers much needed contemporary commentary from renowned scholars on rapidly evolving maritime topics.
Myron H. Nordquist is the Associate Director and Editor of the Center for Oceans Law and Policy, and Senior Fellow at the Center for National Security Law at the University of Virginia School of Law. He is Editor-in-Chief of the United Nations Convention on the Law of the Sea 1982: a Commentary, the seven-volume “Virginia Commentary” series, plus a Supplementary Documents volume.
John Norton Moore is the Walter L. Brown Professor of Law at the University of Virginia School of Law where he directs the Center for Oceans Law and Policy. Among seven presidential appointments, he served as Chairman, NSC Interagency Task Force on the Law of the Sea; United States Ambassador and Deputy Special Representative of the President to the Law of the Sea Conference (1973-76); and was a Member of the National Advisory Committee on Oceans and Atmosphere (1984-85).
Ronán Long holds the Nippon Foundation Professorial Chair in Ocean Governance and the Law of the Sea at the World Maritime University and lectures on Ocean Governance, Law of the Sea and International Dispute Resolution and Diplomacy. He has also lectured at the Rhodes Academy of Oceans Law and Policy and is a supervisor of advanced academic research under the United Nations - The Nippon Foundation of Japan Fellowship Programme.
Table of contents
I. Featured Studies
1. Interpretation of UNCLOS Article 121 and Itu Aba (Taiping) in the South China Sea Arbitration Award
Myron H. Nordquist and William G. Phalen
2. Potential Global Economic Impacts of Ocean Acidification
Stephen A. Macko and Christina Fantasia, with Guifang (Julia) XUE
II. Arctic Shipping and Resources
3. Legal Problems of the Northern Sea Route Exploitation: Brief Analysis of the Legislation of the Russian Federation
Tatiana Sorokina and William Phalen
4. IMO and the Arctic: Developments Since Bergen in 2014
J. Ashley Roach
5. Arctic Continental Shelf of the Russian Federation Beyond 200 Nautical Miles: Initial Prospect of Sustainable Regulation
Rustambek M. Nurimbetov
III. Arctic Ocean Fisheries
6. The Legal Framework for High Seas Fisheries in the Central Arctic Ocean
7. Arctic Ocean Fisheries and Korea
Jee Hyun CHOI
8. Conservation of Marine Living Resources in the Central Arctic Ocean: Five Arctic Coastal States’ Initiatives
IV. Deep Sea-Bed Regime
9. The Forthcoming Breakthrough: China’s Legislation on Activities in the Deep Seabed Area
Jiancai JIN and Guobin ZHANG
10. The Due Diligence Obligation of a Sponsoring State: A Framework for Implementation
V. Resources and Maritime Boundary Regimes
11. The Grey Area in the Bay of Bengal Case
12. Separate Lines: Challenges and Opportunities of Differentiated Seabed and Water Column Boundaries
Leonardo Bernard and Clive Schofield
13. Particularly Sensitive Sea Areas Beyond National Jurisdiction: Time to Chart a New Course?
David Freestone and Viva Harris
VI. Current Ocean Law and Policy Challenges/Opportunities
14. The Antarctic Whaling Case and the International Law on the Regulation of Whaling
15. Law of the Sea and Ocean Governance in Southeast Asia:
Comparative European Lessons on Pragmatism and Principle
16. The Link Between Exercise of Control Over Foreign Merchant Ships with Lawful Grounds and State Liability for Wrong Assessments
All those interested in current issues related to the Law of the Sea.