About Time

Somali Pirates Free Ship

In these trying times, even the Somali pirates have to write down their assets: After demanding originally $25 million for the captured oil tanker Sirius Star, they settled today for about a $3 million ransom. The oil onboard the ship was valued at over $75 million. All of the ship’s crew members are said to be safe. The Sirius Star set sail for international waters after the pirates disembarked.