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Ransoms bring wealth to Somali pirate bases

BOSASSO, Somalia (Reuters) – As dawn breaks over the Indian Ocean each morning, elders in Somali pirate bases sip strong coffee and clutch mobile phones to their ears, eager to hear the latest from the gunmen out at sea.



Pirates Demand $25 Million Ransom for Hijacked Saudi Oil Tanker

Nov. 21 (Bloomberg) -- Somali pirates demanded $25 million in ransom for an oil-laden Saudi supertanker seized off the East African coast, and called on its owners to pay up ``soon.''



The mystery tanks

Who are the real owners of the tanks nabbed by Somali pirates?
THE publication of the manifest of a Ukrainian ship recently captured by pirates off the coast of Somalia is embarrassing Kenya’s government. It apparently shows that MV Faina’s cargo of 33 T-72 Soviet-era tanks and other weapons was consigned to Kenya’s defence ministry on behalf of the government of south Sudan.


Hijacked oil tanker nears Somalia

A giant Saudi oil tanker seized by pirates in the Indian Ocean is nearing the coast of Somalia, the US Navy says.
The Sirius Star is the biggest tanker ever to be hijacked, with a cargo of 2m barrels - a quarter of Saudi Arabia's daily output - worth more than $100m.
The vessel was captured in what the navy called an "unprecedented" attack 450 nautical miles (830km) off the Kenyan coast on Saturday.