It is amazing how valuable land is across the globe. Countries rush and battle for submerged areas of land that have yet to reach sea level. The benefits to claiming these lands, however, are endless. Perhaps the nation can sell the real estate to speculators who could build luxury homes. Maybe the island will be rich in natural resorces ripe for plunder. Plus, the ownership of a 200 nautical mile radius is not bad either. In a world where untapped resources and unexplored land is no longer plentiful, islands like these provide endless opportunities.
Via Seth Dixon