An Examination of Privateering as a Preventative Means of Modern Maritime Piracy

The purpose of this paper is to identify the roles and legal frameworks of modern privateers to establish that they provide an effective means of preventing maritime piracy. This paper is organized in a manner that examines the roles of pirates and privateers in the past and present, in an attempt to answer relevant questions that currently hinder the usage of private navies in the near future. Are the methods currently in place to hinder the usage of private navies in the near future. Are the methods currently in place to prevent piracy effective? Have privateers been effective in the past? If so, how can they be implemented to deescalate the maritime pirates who are an increasingly violent threat to both human life and the global economy