"It's been a busy, profitable week for Somali pirates: They hijacked one South Korean bulk carrier Wednesday, released another South Korean cargo ship Thursday and let a hijacked Thai ship go Saturday after getting a ransom."
But that's not all folks:
"Nearly a dozen ships and over 200 crew remain in the hands of pirates, including the hijacked Ukrainian arms ship MV Faina, for which pirates have demanded an $8 million ransom.
U.S. warships are still surrounding the Faina to keep the pirates from unloading its cargo of battle tanks and heavy weapons."
Maybe it's a good time to take a long position in grappling hooks, peglegs, eyepatches and parrots?
Update: hmmmm, I wonder if this has anything to do with the piracy uptick (hat tip to commentor SSFC)?
Insert angry remark about the Royal Navy's new stance on piracy here.
ReplyDeleteHonestly, since when has quarter become a human right, and since when have pirates expected it?