THERESA VIII

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THERESA VIII 8105923

The "Theresa VII" with its crew of 28 was heading from Haradhere towards the open sea on Mar 16, 2010, after having been released by the Somali pirates who got paid a ransom of 3,5 million dollars. The ship had been hijacked on Nov 16,2009, on its way from Indonesia to Kenya north of the Seychelles. The cargo of the vessel was said to be palm oil but some additional cargo was not clear and obviously has been discharged in the meantime, while the case was shrouded in secrecy. During the negotiations a conflict had also developed among pirates on board and their masterminds on land. Already several times it was said that the negotiations had concluded and release operations were near, but until last week there was still a conflict among the captors themselves, whom the company broker had tried to divide. Finally the owner agreed on the higher ransom demand and the delivery as well as the release went successful. The vessel will arrive in 4-5 days at Mombasa.

THERESA VIII 8105923

NAIROBI, Kenya — Somali pirates freed a North Korean chemical tanker and its 28 crew Tuesday after the owners delivered a ransom, the European Union Naval Force said. The MV Theresa VIII was hijacked last November, northwest of the island nation of the Seychelles. http://www.google.com/hostednews/ap/article/ALeqM5gB7YMEDuCwwY9ncDOtPAkEI4-H2wD9EFOJTG3