Tag: ransom
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Freedom Demand
A South African couple kidnapped by Somali pirates a year ago has made a direct appeal to be released. Bruno Pelizzari, 52, was captured with his partner Debbie Calitz, 49, […]
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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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Separation Anxiety
What happens why the crew from hijacked ships are taken ashore, separated from the vessel and the bonds to their K&R insurance? According to Lloyd’s List the trend for separating […]
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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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All Time High
Global attacks on ships rose to an all-time high of 266 during the first six months of 2011, up from 196 in 2010, according to the International Maritime Bureau (IMB). […]
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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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Ransom Demand
Somali pirates, who kidnapped Durban couple Bruno Pelizzari and Deborah Calitz almost a year ago have promised to kill them if the $4-million ransom is not paid soon. In a […]
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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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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 […]
