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Foriegn Security Team to Face Trial in Somalia February 6, 2012

Posted by Chris Mark in Industry News, Piracy & Maritime Security, Risk & Risk Management.
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SomaliaReport published a story today which said that six men arrested in May, 2010 for bringing $3.6 Million into Somalia as a ransom payment for a hijacked vessel will be in Banadir Court on Thursday to face charges.  The six, one American, three Britons, and two Kenyans have been held at the airport since their arrest 9 months ago.  According to the story, the money was to be used for the release of two vessels, the MV Suez and MV Yuan Xiang.

Briton Killed; Wife Taken by Somali “Bandits” in Kenya September 12, 2011

Posted by Chris Mark in Uncategorized.
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Two Britons, a husband and wife, were on holiday in Kenya near the border with Somalia, when they were attacked by Somalis who arrived via high speed boat.  According to reports the Somali men approached the cottage where the couple were staying and demanded their money.  The man was shot and the woman was taken in the boats toward Somalia.  Her whereabouts are currently unknown.  While there are conflicting reports on whether the attackers were connected with Al Shabab, the tactics strongly suggest they are pirates who are adapting their tactics to kidnappings on land as the maritime vessels are becoming more difficult to successfully attack.

Pirates Release MV Panama after $7 Million US Ransom Paid September 6, 2011

Posted by Chris Mark in Uncategorized.
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According to Reuters Africa, Somali pirates released the MV Ransom after a reported $7 million US ransom was paid.  The vessel was hijacked on December 10th, 2010 while from Tanzania to Mozambique with a crew of 23 from Myanmar aboard.  Based upon recent reports it appears that while the number of successful hijackings are down in 2011, the amount being paid for ransom is increasing sharply.  The last two reports had an average ransom of $7.5 Million US paid to pirates.  As shipping companies continue to arm their vessels some have posited that attacks will become more violent.  I would suggest that not only will the hijackings become more violent but the pirates will demand a higher ransom as they have fewer lucrative targets to attack.

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