Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Record ransom paid for release of Samho Dream

Article-Record ransom paid for release of Samho Dream

Record ransom paid for release of Samho Dream

Dubai: Somali pirates said on Saturday they had received a record ransom of $9.5m for the release of Samho Dream, a South Korean tanker they hijacked in the Indian Ocean in early April this year, Reuters has reported. The VLCC Samho Dream was carrying some $170m worth of crude oil from Iraq to the US when it was hijacked and its crew of five South Koreans and 19 Filipinos taken hostage. The pirates are believed to have originally demanded $20m.
Separately, nearly $2.8m is reported to have been paid for the release of Singapore-flagged Golden Blessing manned by 23 Chinese crew. [06/11/10]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.