Ship Release
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Dirty Cash
Cooperation between Somalia’s al Qaeda linked militants and pirate gangs is reported to be growing. The al Shabaab group has become more desperate for funding, the head of the U.N.’s […]
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Finally Free
MV Iceberg 1, a ship owned by a Dubai-based company, has been released by Somali pirates after nearly 19 months. An undisclosed sum was reportedly paid as ransom to the […]
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African Disease
While Somalia remains the focus, it seems an entire continent is becoming a hotbed of “pirate” style attack and grab raids. Kidnap for ransom is becoming an Africa curse, with […]
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Ransom Demand
Somali pirates are demanding $8 million for the release of the “MV Albedo” which was hijacked ten months ago. The crew of the ship consists of 23 individuals including 7 […]
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Express Arrival
Twenty six sailors and a crew of a Cypriot flag ship who were abandoned by Somali pirates after their hijacked ship caught fire have safely arrived at the port of […]
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High Price
A Vietnamese shipping firm paid more than $2 million in ransom to free its crewmen held for months by Somali pirates. All 24 Vietnamese crew members landed on Friday at […]
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Vessel and Crew Freed
The Spanish oil tanker that was hijacked by pirates off West Africa 10 days ago was freed Saturday and the 23-member crew is OK, its owner said. No ransom was […]
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Ransom Fears
As US legislators look to make ransom payments in cases of piracy illegal, experts believe there could become a “two-tier system”. This could see some owners who can pay ransoms and […]
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Aid Raid
British aid money sent to Somalia was allegedly used to pay a ransom to the pirates who kidnapped Paul and Rachel Chandler, it has been claimed. Dr Abdi Hangul, who […]
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Vessel Freed
After nine months in captivity, the Mongolia-flagged bulk carrier “MV Hoang Son Sun” and her crew of 24 were released by Somali pirates last week, after receiving ransom. According to […]
