(Newspaper) Geek Shipping Industry Hit by Global Financial Crisis

Greece controls nearly 20% if the world's merchant fleet.
Greece shipping makes up about 7.6% of GDP, and 4% of the Greek workforce.

Source: The Star, 24 Nov 2008

Somali Islamists 'hunt pirates' - 9

Somali Islamist insurgents have begun searching for the pirates who hijacked a giant Saudi-owned oil tanker last Saturday, reports say.

A spokesman for the al-Shabab group, Abdelghafar Musa, said hijacking a Muslim-owned ship was a major crime and they would pursue those responsible.

The pirates are thought to be trying to obtain a multi-million dollar ransom.

The ship, the Sirius Star, is believed to be be anchored off the Somali port of Haradheere.

It has an international crew of 25 people and is carrying $100m (£67m) worth of crude oil.

'Show of force'

"We are really sorry to hear that the Saudi ship has been held in Somalia," Mr Musa told the Associated Press.



"We will fight them."

Reports said Islamist fighters had descended on Haradheere in an apparent show of force, saying they were looking for the pirates.

"The Islamists arrived searching for the pirates and the whereabouts of the Saudi ship," an unnamed elder in the port told Reuters news agency.

"I saw four cars full of Islamists driving in the town from corner to corner. The Islamists say they will attack the pirates for hijacking a Muslim ship."

Another report suggested local militia and Shebab fighters had arrived in Harardhere in a move to position themselves for a share of any spoils.

"There are many militiamen who have arrived in the town and they want to get a share from the pirates if the ransom is paid," Ahmed Abdullahi, a local elder, was quoted by AFP news agency as saying.

Meanwhile, Kenya reported on Friday that Somali pirates had been paid more than $150m (£101m) in ransoms in the past 12 months.

Source: http://news.bbc.co.uk/2/hi/africa/7743204.stm, 22 Nov 2008

Somali pirates demand 25 million dollars for Saudi oil tanker - 8

Somali pirates who hijacked a Saudi oil super-tanker demanded a 25 million dollar ransom Thursday amid calls for tougher action to end threats to one of the world's key maritime routes.

As global frustration built and a major shipping company ordered some of its vessels to avoid the Gulf of Aden, the pirates set a 10-day deadline for the ransom payment for the ship they easily seized in 16 minutes.

"We are demanding 25 million dollars (20 million euros) from the Saudi owners of the tanker. We do not want long-term discussions to resolve the matter," a pirate who identified himself as Mohamed Said said from the ship.

"The Saudis have 10 days to comply, otherwise we will take action that could be disastrous," Said told AFP from the ship now anchored at the Somali pirate lair of Harardhere, without elaborating.

Seized at the weekend in the Indian Ocean some 500 miles (800 kilometres) off the coast of Kenya, the Sirius Star tanker was loaded to capacity with two million barrels of oil and the biggest vessel to be seized by pirates so far.

Two speedboats with pirates armed with Kalashnikov rifles and rocket-launchers seized the ship in 16 minutes on Saturday, according to a military report obtained by AFP.

The report also described the Sirius Star -- with woeful defences, restricted manoeuvrability and speed capacities owing to its 319,000-tonne oil cargo -- as a lumbering prey for two speedboats carrying well-armed pirates.

The US, meanwhile, said it would be seeking support in the United Nations for a resolution to tighten international measures against Somali pirates.

Ambassador Rosemary DiCarlo said the new text would "extend the authorities" set out in an earlier resolution adopted in June.

The previous text called on nations possessing warships in the Gulf of Aden to help hunt down pirates with the agreement of the Somali government.

After the International Maritime Bureau (IMB) described the situation as "out of control," Arab Red Sea states meeting in Cairo Thursday pledged cooperation to end the threat -- but offered few specifics.

Russia announced it would send more warships to combat piracy in the treacherous waters.

Admiral Vladimir Vysotsky, the top commander of the Russian navy, said: "After the Neustrashimy (Fearless), ships from other fleets of the Russian navy will head to the region," referring to a frigate sent to the area in September.

Russia's ambassador to NATO, Dmitry Rogozin, meanwhile called for an international ground military operation in the region to crush piracy, to boost sea patrols that are yielding thin results.

British Foreign Secretary David Miliband urged the world to firmly fight the "scourge of hostage taking."

In a sign of the havoc being wreaked by the pirates, one of the world's largest shipping companies, Danish group A.P. Moller-Maersk, ordered some of its vessels to avoid the Gulf of Aden. Other companies are weighing similar options.

"Vessels without adequate speed or freeboard will for the time being avoid the Gulf of Aden and seek alternative routing south of the Cape of Good Hope and east of Madagascar," the company said.

Somali Prime Minister Nur Hassan Hussein warned that piracy will rage unless the world helps restore a functional government in Somalia, which collapsed after the 1991 ouster of dictator Mohamed Siad Barre.

Saudi Arabia's foreign minister, Prince Saud al-Faisal said on Wednesday that the super-tanker's owners were in talks with the pirates, but the company that operates the vessel has remained tight-lipped about the claims of negotiations.

At the Cairo talks, foreign ministry spokesman Hossam Zaki said Egypt would consider all possibilities. Egypt's economy heavily relies on revenue from tourism and maritime traffic through the Suez Canal, which links the Mediterranean Sea to the Red Sea.

The Indian stealth frigate INS Tabar, one of dozens of warships from several countries protecting commercial shipping lanes in the Gulf of Aden, sank a Somali pirate ship Tuesday after coming under fire, navy spokesman Nirad Sinha said.

Pirates use mother ships, generally hijacked trawlers or deep-sea dhows, to tow speedboats from which they launch their attacks.

The incident came as shipping groups reported a new surge in hijackings off Somalia, with three captured since the Sirius Star was taken.

Noel Choong, head of the piracy reporting centre at the IMB in the Malaysian capital Kuala Lumpur, said "the situation is already out of control," but praised the Indian navy for striking the mother ship.

Source: http://news.my.msn.com/topstories/article.aspx?cp-documentid=1795779, 21 Nov 2008

"We hope more navies will follow suit and stop suspected pirate boats," he added.

Choong however said that destroying pirate ships or confiscating equipment "is not the whole answer, as it is not a deterrent... it is just to disrupt their operations. What is needed is firm action and a firm deterrent ..."

India 'sinks Somali pirate ship' - 7

The Indian navy has said that one of its warships in the Gulf of Aden has destroyed a ship belonging to pirates operating off the coast of Somalia.

The INS Tabar opened fire on a pirate "mother ship" after it came under attack, a government statement said.

There has been a surge in piracy incidents off Somalia.

The Saudi-owned Sirius Star supertanker is currently anchored off the Somali coast after the vessel and its 25 crew were seized by pirates.

Vela International, operators of the Sirius Star, told the BBC no demands had yet been received from the pirates. The company also said all the crew were safe.

The biggest tanker ever hijacked, Sirius Star is carrying a cargo of two million barrels - a quarter of Saudi Arabia's daily output - worth more than $100m (£67m).

Explosions

India is among several countries are already patrolling the Gulf of Aden, one of the world's busiest shipping lanes which connects the Red Sea and the Indian Ocean.

Fire broke out on the vessel and explosions were heard, possibly due to exploding ammunition that was stored in the vessel

Indian naval statement

The Indian navy said the Tabar spotted a pirate vessel while patrolling 285 nautical miles (528km) south-west of Salalah in Oman, on Tuesday evening.

When it demanded the vessel stop for investigation, the pirate ship responded by threatening to "blow up the naval warship if it closed on her", the statement said.

The navy said the pirates on board were armed with guns and rocket propelled grenade launchers. They threatened to blow up the INS Tabar and then fired on it.

The Indians say they retaliated by opening fire and that there was an explosion on the pirate vessel, which sank.

"Fire broke out on the vessel and explosions were heard, possibly due to exploding ammunition that was stored in the vessel," the Indian navy said.

Some of the pirates tried to escape on two speedboats - the Indian sailors gave chase but one boat was later found abandoned, while a second boat escaped.

The Tabar has been patrolling the Gulf of Aden since 23 October, and has escorted 35 ships safely during the "pirate-infested waters", the statement said.

Last week, an helicopter-borne Indian marine commandos stopped pirates from boarding and hijacking an Indian merchant vessel.

Ransoms

On Tuesday, a cargo ship and a fishing vessel became the latest to join more than 90 civilian vessels attacked by the pirates this year. THE SIRIUS STAR

Carrying 2m barrels of oil
Biggest vessel to be hijacked


'I thought pirates would kill me'
Somali piracy: Your stories
UK hands over pirate suspects
Pirates pass open water test

A 25-crew cargo vessel transporting wheat to Iran was attacked in the Gulf of Aden while contact was lost with the crew of 12 on the fishing boat.

Piracy in the area is estimated to have cost up to $30m in ransoms so far this year, according to a recent report by a UK think-tank.

The pirates who seized the Sirius Star are a sophisticated group with contacts in Dubai and neighbouring countries, says the BBC Somali Service's Yusuf Garaad.

Much of their ransom money from previous hijackings has been used to buy new boats and weapons as well as develop a network across the Horn of Africa, he adds.

The hijackings off the coast of East Africa and the Gulf of Aden - an area of more than 1m sq miles (2.6m sq km) - make up one-third of all global piracy incidents this year, according the International Maritime Board.

Somalia has not had a functioning national government since 1991 and has suffered continuing civil strife.

Shipping companies are now weighing up the risks of using the short-cut route to Europe via the Suez canal.

Source: http://news.bbc.co.uk/2/hi/south_asia/7736885.stm, 19 Nov 2008

Hijacked oil tanker nears Somalia - 5

A giant Saudi oil tanker seized by pirates in the Indian Ocean is nearing the coast of Somalia, the US Navy says.

The Sirius Star is the biggest tanker ever to be hijacked, with a cargo of 2m barrels - a quarter of Saudi Arabia's daily output - worth more than $100m.

The vessel was captured in what the navy called an "unprecedented" attack 450 nautical miles (830km) off the Kenyan coast on Saturday.

Its international crew of 25, including two Britons, is said to be safe.

The ship's operator, Vela International, said a response team had been mobilised to work towards ensuring the safe release of vessel and crew.


The hijacking was highly unusual both in terms of the size of the ship and the fact it was attacked so far south of Somalia, says BBC security correspondent Frank Gardner.

The seizure points to the inability of a multi-national naval task force sent to the region earlier this year to stop Somali piracy, he says.

The US Fifth Fleet said the supertanker was "nearing an anchorage point" at Eyl, a port often used by pirates based in Somalia's Puntland region.

Adm Mike Mullen, chairman of the US Joint Chiefs of Staff, said the pirates involved were well trained.

"Once they get to a point where they can board, it becomes very difficult to get them off, because, clearly, now they hold hostages," he told a Pentagon briefing in Washington.

Oil price rises

Hijackings off the coast of East Africa and the Gulf of Aden - an area of more than 1m sq miles - make up one-third of all global piracy incidents this year, according the International Maritime Bureau.

THE SIRIUS STAR

Length of a US aircraft carrier
Can carry 2m barrels of oil
Biggest vessel to be hijacked


Life in Somalia's pirate town
From cutlass to AK-47

They are usually resolved peacefully through negotiations for ransom but, given the value of the cargo in this instance, a military response has not been ruled out, our correspondent says.

At least 12 vessels - including the Ukrainian freighter MV Faina carrying 33 tanks and other military hardware, which was seized in September - remain captive and under negotiation with around 250 crew being held hostage.

This month alone, pirates have seized a Japanese cargo ship off Somalia, a Chinese fishing boat off Kenya and a Turkish ship transporting chemicals off Yemen.

War-torn Somalia has not had an effective government since 1991 and the anarchy on land has spread to the high seas in recent years.

The South Korean-built Sirius Star was seized as it headed for the US via the southern tip of Africa, prompting a rise in crude oil prices on global markets.

The route around the Cape of Good Hope is a main thoroughfare for fully-laden supertankers from the Gulf.

With a capacity of 318,000 dead weight tonnes, the ship is 330m (1,080ft) long - about the length of a US aircraft carrier.

Owned by the Saudi company Aramco, it made its maiden voyage in March.

As well as the two Britons, the ship's crew members are said to be from Croatia, the Philippines, Poland and Saudi Arabia.

Source: http://news.bbc.co.uk/2/hi/africa/7734733.stm, 18 Nov 2008