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| Africa Horn |
| Somali pirates release two ships hijacked months ago |
| 2009-01-14 |
 A Turkish-owned tanker and a Philippine-operated bulk carrier seized by Somali pirates and held for months were released on Tuesday, officials said."The ship was released today. The crew is fine," said Kubilay Marangoz, a lawyer for the Istanbul-based YDC Maritime company. |
| Posted by:Fred |
| #2 Doubtful. Think of it in terms of an organized crime racket. If the price goes too high, the shipowners will conclude it's exceeded the cost of doing business; that maybe it's better to let the navies deal with the problem rather than pay out. Those that are running the pirates are aware of this. |
| Posted by: Pappy 2009-01-14 11:33 |
| #1 How much? Next time it will be more |
| Posted by: Slats Hupoger6976 2009-01-14 01:58 |