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...Aden through September of this year, the Alakrana and its three dozen crew have been held hostage off the coast of Somalia for the past six weeks. The pirates have demanded a ransom of $4 million, far more than the $1.2 million reportedly paid to release another Spanish trawler that was hijacked in April 2008. There have been reports - though no confirmation - from Echebaster, the firm that owns the Alakrana, that the company would be willing to pay the amount. But for the moment, their willingness is largely irrelevant...

Author: /time Magazine | Title: Pirate Capture Complicates Hostage Issue | 11/11/2009 | See Source »

...Tabar, to the Gulf of Aden - for the first time deploying a warship in an offensive role in international waters. For close to 20 days, the INS Tabar escorted some 35 ships to safety, including non-Indian-flagged vessels, but it accidentally shot down a hijacked Thai trawler that it mistook for a pirate mother ship. The INS Tabar was replaced by the INS Mysore, which went on to repulse two pirate attacks and arrest 23 suspected pirates, including 11 Yemenis, who were handed over to Yemeni authorities. (See the top 10 audacious acts of piracy...

Author: /time Magazine | Title: Pirate Hostages: A Few Rescued, but Many Still Languish | 4/16/2009 | See Source »

...next largest expense is buying and keeping "mother ships" in good working order. The boats are usually trawlers which are, based on photos, about 100 feet long. One or two of these have been sunk by foreign navies, but they do not have to be replaced often. A large trawler built in the 1970s costs about $1 million. A trawler that is ten years old costs closer to $3 million. Some of the trawlers the pirates use were probably seized during their raids. Most research indicates that one out of three attempts by the pirates to hijack a ship succeeds...

Author: /time Magazine | Title: Somali Pirates Are Getting Rich: A Look At The Profit Margins | 4/15/2009 | See Source »

Qasab and the team turned on their GPS devices at 6:54 a.m., establishing a spot near Koti Bandar, about 93 miles (150 km) southeast of Karachi, as their starting point. Al-Husseini encountered an Indian fishing trawler, the M.V. Kuber. Qasab's confession states that "once they reached Indian waters, the crew hijacked an Indian fishing vessel." But the Indian dossier and intelligence sources describe the scenario slightly differently: the sources suspect that the operator of the ship, Amar Singh Solanki, might have been lured into Pakistani waters with the promise of money for smuggling...

Author: /time Magazine | Title: The Making of a Mumbai Terrorist | 3/8/2009 | See Source »

...seven other LeT members already on board, the Indian dossier states. The four crew members were later killed. Solanki took on the 10 passengers carrying huge backpacks full of weapons and dried fruit and then navigated the boat about 550 nautical miles (1,020 km) to Mumbai, until the trawler stopped at a point just 4 nautical miles (7.5 km) from the city...

Author: /time Magazine | Title: The Making of a Mumbai Terrorist | 3/8/2009 | See Source »

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