Middle East Economic Survey

VOL. LIII

No 15

12-April-2010

SOMALIA

Korean Oil Tanker Carrying Iraqi Crude Hijacked By Pirates Off Somalia

A South Korean-owned oil tanker carrying an estimated 1.5mn barrels of crude was hijacked by Somali pirates in the Indian Ocean on 4 April, the European Union Naval Force (EU-NAVFOR) mission for Somalia has confirmed. The Marshall Islands-flagged Samho Dream registered by Samho Shipping had been on its way from Iraq to the US when it was captured 600 nautical...