Showing posts with label hijacked. Show all posts
Showing posts with label hijacked. Show all posts

Friday, January 14, 2011

Location unknown of Leopard crew

Yesterday the speculation was the crew of the Leopard was taken, as the vessel was found with (apparently) all cargo intact.

Today however, there has been speculation the crew was killed.

This is what the BBC is reporting.

The two Danes and four Filipinos are now thought to be held on a captured Taiwanese fishing boat, the Shiuh Fu No.1, an EU naval official said.

Pirates in two skiffs attacked the Danish-flagged M/V Leopard on Wednesday but later took the crew off the ship.

Nato sailors searched the abandoned vessel. Its cargo is said to be intact.

The Nato sailors from a Turkish warship, the Gaziantep, boarded the M/V Leopard on Thursday, when it was found to be drifting.

It is not clear why the ship was immobilised, said a spokesman for the EU's Navfor anti-piracy mission.

"We believe the ship was carrying arms, ammunition and explosives, and we believe the cargo is still intact," said the spokesman, Wing Commander Paddy O'Kennedy.

The international naval forces refrained from attempting a rescue as a radio message picked up while the pirates were on board warned them to stay away, he said.

The M/V Leopard is reported to be about 810km (500 miles) from Oman's port of Salalah.

The ship's owner, Shipcraft, says "our main focus is now on the safe return of our crew; however, at present we do not hold any reliable information as to their whereabouts".

Monday, February 23, 2009

Dryship Vessel seized by Pirates

I saw the headline yesterday that the Somali Pirates had hijacked another ship.

It really didn't seem blog worthy, until I saw today that this ship belongs to
the company Dryships, one of my favorite companies to blog about.

The folks who chat about this stock on Yahoo Message Boards had this to say

Sorry it's an LTC Vessel with 1300 days left on LTC

http://messages.finance.yahoo.com/Stocks...

I have the ship value based on the January 2009 bulk report.
Saldanha 2004 5 Year Old $24,375,000


Here's the story from the BBC

It will be interesting to see who ends up paying the ransom, the owners or the charterers.

Maybe their P & I (insurance) will cover the costs.

If so, it makes one wonder if this will be a bad deal for Dryships, financially speaking.