Business Daily from THE HINDU group of publications Monday, Jan 12, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
Logistics
-
Piracy Hope of curbing piracy
The VLCC Sirius Star, the largest vessel ever hijacked by Somali pirates, has been released, according to reports appearing in a section of the Western media. Also freed were its crew, numbering 25, including two British officers. The captors were paid $3 million in ransom though they had asked for up to $25 million, say the reports. The 319,430-dwt Saudi tanker was hijacked off the Kenyan coast in November while sailing from the Gulf to the US with a ca rgo of crude. Meanwhile, Kuala Lumpur-based International Maritime Bureau’s Piracy Reporting Centre is hopeful of suppressing piracy off the Horn of Africa. The centre’s Chief Mr Noel Choong has been quoted in Lloyd’s List as saying that the coalition naval forces are capturing the pirates and handing them over to the authorities. OUR BUREAU
More Stories on : Piracy
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2009, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|