Who Owns the Oceans?

Imagine the following scenario. A passenger liner owned by a company in Great Britain, but registered in Malta, carries passengers from 35 different countries on a cruise. It collides 65 miles off the South Carolina coast with a cargo ship owned by a Norwegian company and registered in Panama. It carries cargo from the Port of New York to Cape Town, South Africa. Legal issues arise as to who was responsible for the accident and who will pay for damages and injuries to passengers, cargo, and the ships involved. Where does this case come to trial, and who makes the decisions on the legal issues involved?

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