Ransoms
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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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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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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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Fly Boys
A new book provides an insight into the world of ex-Soviet pilots delivering food aid — and pirate ransoms. Flying rickety old Ilyushin-76’ the “no-questions-asked” pilots are often called upon […]
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Family Deal
Pirates have spoken of a deal being reached for the release of the Danish yachting family. Sources close to the pirates confirmed that they had reached a ransom deal with […]
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Taking Stock
Some of the big piracy “firms” have definite potential to take their companies public – in fact, some of them already have. Mohammed, a former pirate, told Reuters that “we […]
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Ransom Demand
The opposition party in Georgia has demanded the creation of “presidential fund” to allocate $1 million for the payment of a ransom in order to release Georgian sailors captured by […]
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Criminals Act
A $3.6 million ransom seized in Somalia in May was destined for a pirate boss subject to U.S. sanctions. This is seen as an illustration of how a criminal enterprise […]
