Tag: ransom

  • Don’t Pay the Pirates

    A U.K.-led Piracy Ransom Task Force has recommended that shipping companies hurry to adopt measures to ensure that ransom payments aren’t made to pirate groups. Piracy group: Make sure Somali […]

  • Security Forces Kill 14 Kidnappers

    Nigerian security forces stormed the hideout of the kidnappers of a Turkish national in oil-rich Rivers State and killed 14 of them in a shootout, police said Saturday. “The hoodlums […]

  • Families of Kidnapped Sailors Plea

    The families of four South Korean sailors taken hostage by Somali pirates last year are pleading for help in securing their release. The sailors were among the crew of the […]

  • “Help us, please save us”

    The 15 crewmen still being held captive on the MV Albedo have issued a letter pleading for their lives addressed to the chairman of the Citizens-Police Liaison Committee in Karachi Crewmen […]

  • Inexcusable Behavior

    The judge overseeing the case of a Somali man accused of negotiating a ransom payment has told prosecutors they will have a hard time winning a conviction. Judge assails prosecutors […]

  • Banking Curbs

    According to Michele White, the general counsel to the International Association of Independent Tanker Owners, the supply of dollars from U.K. banks to Somali pirate groups has dwindled since Prime Minister […]

  • Paying Ransoms

    Nikolai Sukhanov, chairman of the Russian Professional Union of Sailors: “Unfortunately, ransom is still the only guarantee for a safe liberation of sailors, but trade union leaders note that some countries […]

  • Ransom Dispute

    The release of 22 hostages on the MV Albedois is in jeopardy because of a dispute over the amount of ransom money that has been promised and raised, negotiators have […]

  • Viewpoint

    A short but important text summing up BIMCO’s stated viewpoint and position on piracy, armed robbery, kidnapping, torture and murder at sea. BIMCO’s Position: Piracy, armed robbery, kidnapping, torture and […]

  • Paying Ransoms

    The case of Judith Tebbutt, the hostage recently released from the clutches of Somalian pirates, has cast doubt on Britain’s ransom policy, but paying hostage-takers ignores the deeper roots of […]