Tuesday, November 25, 2008

Somali Pirates Push For Ransom Bonanza

Italian destroyer ITS Durand de la Penne escorting the merchant vessel Victoria

From AFP:

MOGADISHU (AFP) — Somali pirates Tuesday were engaged in talks over ransoms for several vessels, including a Saudi oil tanker, an Ukrainian freighter carrying arms and their latest catch, a Yemeni cargo ship.

As the world mulled a response to the problem which has sowed panic in the shipping industry and threatens an ailing global economy, increasingly brazen pirates continued to dodge navy ships to prey on foreign vessels.

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