Abstract: Piracy is not a uniquely modern problem. Piracy has been around for as long as man has sailed the waters of this world. Therefore, to fully understand the piracy issues currently plaguing the world it is necessary to understand the history of piracy worldwide. This paper begins with analysis of Caribbean and North African piracy. It then analyzes the current piracy scenario and the legal regimes which governs the treatment of these pirates. Finally, it offers some suggestions as to the most effective methods to discourage piracy today. Published April 2011.