Tag: ransom
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Cash Calls
The Somali pirates who have been holding seven Danes as hostage since February have turned down a ransom of around US$600,000. The brother of Jan Quist Johansen, whose family was […]
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Pay Back
On May 1, pirates received a ransom for the release of the vessel “MV Sinar Kudus”, which had been held since March 16. After the ransom payment was made, (believed […]
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Rumours Wrong
It was widely reported over the weekend that a Greek bulker, Perosea’s 52,163-dwt “MV Eagle” had been set free. The shipowner has confirmed to the media these reports are wide of the […]
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Facing Execution
More than 30 Pakistanis taken hostage by Somali pirates, face execution if their families fail to raise enough money to pay the ransom, the Foreign Office informed a Senate panel. […]
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Ransom Paid
Somali pirates promised on Monday that they would release all Indonesian hostages onboard “Sinar Kudus”. The pirates have reportedly received a 3 million U.S. dollar ransom, a pirate said in a phone […]
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Ransoms Surge
The levels of ransom payments have been steadily on the rise as the Somali piracy crisis has deepened. While the time taking to even agree these larger payouts is being drawn […]
