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‘Paid $1 mn’, pirates free ship, Indians

MUMBAI, NOVEMBER 16: After a two-month ordeal in Somali waters, the hijacked cargo ship MT Stolt Valor with 18 Indian sailors on board has been freed after negotiations and payment of an unspecified amount of ransom to Somali pirates. A Reuters report from Nairobi quoted Andrew Mwangura, Director of the East Africa  ....Read more

Pirates of the CaribianBy: V.Kadal Amutham | Monday , 17 Nov '08 10:12:48 AM Reply | Forward The whole episode makes one feel like going back few centuries in time. Those are the days of pirates. It was pathetic that the ship was released only after paying the ransom. Let us see whether they can chase the pirates and recover the ransom
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