Tag: somali authorities

  • Held To Ransom

    The future of ransom payments remains uncertain at the moment given the surprisign recent response by the Somali authorities. According to the head of the Transitional Federal Government’s Anti-Piracy Task […]

  • Problems Grow

    The arrest of personnel involved in paying ransoms has certainly puzzled some in the industry, and has created yet another problem for shipowners In jailing six foreigners after they took £2.2m ($3.6m) into […]

  • Cash Grab

    News sources indicate that Somali authorities have seized two aircraft carrying $3.6 million in ransom payments for pirates on Tuesday and detained six foreigners. Somali government officials claimed that two unmarked […]