Thursday, November 20, 2008

Talks under way to free Saudi supertanker

Saudi owners of the Sirius Star are in negotiations with Somali pirates who have demanded a ransom for the supertanker laden with $100-million of oil they hijacked at the weekend.
As international anger continued to mount on Wednesday over a situation described by the International Maritime Bureau as "out of control", an Indian naval vessel sank a Somali pirate ship. Saudi Arabia's Foreign Minister, Prince Saud al-Faisal, said countries don't like to negotiate with terrorists or hijackers but the final decision rests with the owners of the ship.more.. http://www.mg.co.za/article/2008-11-20-talks-under-way-to-free-saudi-supertanker

Somali pirates demand $25 million ransom in 10 days

Speaking by satellite phone from the ship one of the pirates who identified himself as Mohammed Said threatened the results would be "disastrous" if the ransom was not paid.
The scuttling of the supertanker could cause an environmental catastrophe when its cargo of two million barrels of Saudi crude oil starts to leak. While the tone of the demand was threatening almost all recent incidents involving Somali pirates have ended peacefully following the payment of a ransom. "We are demanding 25 million dollars from the Saudi owners of the tanker," Mr Said said. "We do not want long-term discussions to resolve the matter. "The Saudis have 10 days to comply, otherwise we will take action that could be disastrous." A spokesman for the ship's owners, Vela International Marine, which is controlled by the Saudi Arabian royal family, declined to comment on any ransom demand more..http://www.blogger.com//www.telegraph.co.uk/news/worldnews/piracy/3488962/Somali-pirates-demand-25-million-ransom-in-10-days.html

Wave of piracy stokes fears at Kenya port

NAIROBI, Nov 20 (Reuters) - The explosion of piracy off Somalia is a growing concern for officials at Kenya's Mombasa port, who fear it will push up the cost of goods and may deter some importers from bringing cargoes to the region. "We're very worried. We have a had a lot of inquiries and concerns from the shipping community," James Mulewa, managing director of Mombasa port, said in a telephone interview. The busy port on the steamy Indian Ocean coast serves east Africa's biggest economy and is a vital gateway to countries including Uganda, Rwanda, Burundi and eastern parts of the Democratic Republic of Congo. Scores of attacks on ships in recent months in waters off neighbouring Somalia culminated in the weekend's spectacular capture of a huge Saudi Arabian supertanker loaded with $100 million worth of oil.more..
http://http//africa.reuters.com/country/KE/news/usnLK112124.html

Arab leaders discuss ways to combat piracy

CAIRO, Nov 20, 2008 (UPI via COMTEX) -- Piracy in the Red Sea was the main topic of an emergency meeting of Arab officials Thursday in Cairo, officials said.
Wafa Baseen, Egypt's assistant ambassador, said his country's leaders called the meeting to discuss piracy and its political, economic and legal ramifications, the Kuwaiti news agency KUNA reported.
Arab leaders are considering proposals that would establish an information center on how to combat piracy and would address joint training for coast guards, Baseen said.
Among the ships pirates recently hijacked off the Somali coast are a Saudi oil tanker, a Thai ship and an Iranian cargo vessel. http://www.upi.com/

UN approves new Somalia sanctions to reduce arms
UNITED NATIONS – The U.N. Security Council voted unanimously Thursday to impose new sanctions aimed at reducing the arms flowing into Somalia and the lawlessness and piracy that have flourished there.
It was difficult to say how the sanctions would be carried out in Somalia, as those responsible for much of the anarchy plaguing the country are well outside any tradititional finance system. Ransoms the pirates get for seizing ships come in cash — sometimes dropped in burlap sacks from buzzing helicopters, or in waterproof suitcases loaded onto skiffs. more..http://news.yahoo.com/s/ap/20081120/ap_on_re_af/un_un_somalia

Spreading the Pirate Booty Around
http://freakonomics.blogs.nytimes.com/2008/11/21/spreading-the-pirate-booty-around/
Saudi Arabia to Join NATO Naval Mission; Pirates Boost Defenses
http://www.bloomberg.com/apps/news?pid=20601085&sid=af9WnV_oByg8&refer=europe

Somali pirates wallow in cash, leave no bank trail
http://africa.reuters.com/top/news/usnJOE4AK0FZ.html

Saudi Arabia's Foreign Minister paying somali Terrorist allied mostly hawiye (al-shabaab) jehadist.free Saudi oil super-tanker..???

http://africa.reuters.com/top/news/usnJOE4AK08H.html

Al-Qaida No. 2 insults Obama with racial epithet
http://news.yahoo.com/s/ap/20081119/ap_on_re_mi_ea/ml_al_qaida_obama

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