Middle East Economic Survey

VOL. LIII

No 50

13-Dec-2010

somalia

Somali Pirates Release Saudi Tanker After Ransom Paid

The pirated Saudi-flagged products tanker Al-Nisr Al-Saudi on 7 December was released from captivity, the European Union Naval Force (EU NAVFOR), which runs counter-piracy mission Operation Atalanta, confirmed. The tanker was hijacked by Somali pirates in the Gulf of Aden on 3 March, while in transit from Japan to Jiddah. The 5,136dwt vessel was released after pirates received...