Somali pirates had better look over their shoulder !

[samintx]

http://news.yahoo.com/s/nm/20081121/wl_n...conflict_8

Wow, this should solve the problem FAST !

[Racer X]

where in god's name can you hide a supertanker while you are ransoming it?

[jimbrady]

"A pirate identifying himself as Jamii Adam told the Saudi-owned Asharq al-Awsat newspaper that... the ransom demanded was not excessive... it had cost the pirates $500,000 to seize the vessel. "We bore many costs to hijack it," he said."

Well, since he puts it that way...

[swampy]

Racer, I don't think they even bother to try to hide the ships.

[vision63]

jimbrady wrote:
"A pirate identifying himself as Jamii Adam told the Saudi-owned Asharq al-Awsat newspaper that... the ransom demanded was not excessive... it had cost the pirates $500,000 to seize the vessel. "We bore many costs to hijack it," he said."

Well, since he puts it that way...

I loved that line.

[Mac1337]

They can surely deduct the $500K as business expense. Isn't there more oil in that tanker than the ransom?

[samintx]

Dakota wrote:
They can surely deduct the $500K as business expense. Isn't there more oil in that tanker than the ransom?

Yep, the cargo is worth more than the ransom but the pirates are not GREEDY.:biggrin:

[Mac1337]

Rush had the best line when he said Moodys has raised Somali Pirates ratings to AAA. Or that they may buy up Citi Group!

[GGD]

Racer X wrote:
where in god's name can you hide a supertanker while you are ransoming it?

It seems that it wasn't their first oil tanker, they just released a smaller one that they captured in September.

http://www.cnn.com/2008/WORLD/africa/11/...index.html