Article: South Korean company pays ransom to Somali pirates

A South Korean shipping company paid a ransom to Somali pirates for the release of a cargo ship and 22 crew members after more than a month of captivity, a company official said Friday.

The crew _ eight South Koreans and 14 citizens of Myanmar _ were released Thursday along with the ship Bright Ruby following its hijacking off the coast of Somalia on Sept. 10.

The sailors "were released after the ransom was paid to the Somali pirates," the official with J&J Trust, which owns the ship, told The Associated Press. He spoke on condition of anonymity, citing the sensitivity of the issue.

He said the ransom was delivered in cash through an agency serving as a ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!