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Somali pirates free Greek-owned cargo ship

Somali pirates have freed a Greek-owned bulk carrier held off the Horn of Africa coast for seven months after a multi-million dollar ransom was air-dropped to secure its release, a pirate source and local maritime expert said on Friday.

October 1, 2011 12:35
Pirate Threat Costing Billions

Pirate Threat Costing Billions

CNN's Zain Verjee looks at the emotional and financial costs of piracy on the high seas.

April 6, 2011 2:16

UAE forces storm hijacked ship, detain pirates

UAE special forces storm hijacked ship; Forces free crew and detain pirates

April 3, 2011 1:21
Business of… Piracy

Business of… Piracy

Arrgghh, matey! Kipp takes a look at the modern version of an ancient seafaring crime: Piracy. Who’s behind it, what do they do, and how much do they make?

February 6, 2011 4:21
Drama on the high seas

Drama on the high seas

Piracy, long romanticized in the land of fiction, is back in the real world. And the modern truth is a lot less appealing than the historic fantasies.

June 7, 2010 4:56

Pirates demand $7 million ransom for British couple

Somali pirates are demanding $7 million for the release of a British couple...

October 31, 2009 10:13
Pirates at sea

Pirates at sea

Somali pirates have more than doubled their efforts in 2009, costing corporations worldwide millions of dollars in damages, while injecting capital in Somalia's poorest communities.

July 28, 2009 8:31