Piracy in the Caribbean in the New World were violated with greater frequency by the merchants of other nations. The Spanish port on the island of Trinidad off the northern coast of South America, permanently settled only in 1592, became a major point of contact between all the nations with a presence in the Caribbean. In the early 17th century, expensive fortifications and the size of the colonial garrisons at the major Spanish ports increased to deal with the enlarged presence of Spain's competitors in the Caribbean, but the treasure fleet's silver shipments and the number of Spanish-owned merchant ships operating in the region
Piracy off the coast of Venezuela Piracy off the coast of Venezuela Piracy off the coast of Venezuela increased during the crisis in Bolivarian Venezuela. The situation has been compared to piracy off the coast of Somalia, which was also caused by economic collapse. As Venezuelans grow more desperate, fears of increasing incidents and ranges of piracy have been reported. Venezuelan pirates often smuggle weapons, drugs and sex trafficking victims. Authorities have also been involved in piracy as well near the coast of Venezuela. At the end of the 20th century, Venezuela had a successful fishing industry where international business and trade occurred. Following the 1998