Somalian pirates release oil tanker, $4M ransom

Times of Oman – ‎15 hours ago‎
Muscat: Oil and chemical tanker MT Liquid Velvet, hijacked by Somali pirates in the Gulf of Aden, was released from captivity on June 4, and is heading to Salalah, Oman, according to international maritime security forces. The tanker was hijacked on October 31, 2011 by Somali pirates while it was approaching the Gulf of Aden on its way to Mormugao, India. The Marshall Islands-flagged tanker is owned and managed by Athens-based Elmira Tankers.

Read More timesofoman
Read More GMA News
Read More UPI.com
Read More Coast Week

War on Somali Piracy Needs Rules and Impregnable Citadels

Bloomberg
The 90th session of the International Maritime Organization’s Maritime Safety Committee, under way in London, will cover much territory, including passenger-ship safety (“Remember the Costa Concordia”), standards for voyage data recorders and the and the protection of crew members’ hearing from engine noise. But the big topic is piracy, not just off the coast of Somalia — where there were 237 attacks last year, up from 219 in 2010 — but increasingly off western Africa, South America and Southeast Asia. The incidents cost the shipping industry, insurers, navies and law enforcement more than $7 billion in 2010.

Read More Bloomberg