Middle East Economic Survey


No 49



Hijacked Greek Crude Tanker Arrives Off Somali Coast

A Greek-flagged tanker carrying a $20mn crude oil cargo that was hijacked on 29 November in the Gulf of Aden has arrived off the coast of Somalia, 30 nautical miles south of Hobyo in the countrys Puntland region. The VLCC had been traveling unescorted from Mina al-Ahmadi in Kuwait to the Gulf of Mexico when it was seized roughly 600 nautical miles northeast of the Seychelles. Maran...