Corporate News
How diaspora funds Somali pirates
Putting an end to the menace: Somali pirates are now believed to be operating as part of a highly organised operation that has strong international connections. /Reuters
Posted Monday, September 7 2009 at 00:00
Somali pirates are increasingly sailing further into the Indian Ocean from their bases in Puntland, in northern Somalia, due to the sophisticated equipment they have been able to acquire.
The largest vessel to have been hijacked in the history of piracy was the Sirius Star, a supertanker carrying two million barrels of oil which was hijacked last year 450 nautical miles (833 kilometres) southeast of Mombasa port, farther south than any previous attack.
“This incident is significant on two counts,” said International Maritime Bureau (IMB) Director Pottengal Mukundan.
“Firstly, this is the largest vessel to have been hijacked. Secondly, the distance from the shore would suggest a highly organised operation — this is not mere opportunism.”




RSS