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...Faina fitted the bill. Slow, low-sided and sailing under a Belize flag, the freighter seemed no different from any of the 60 other ships attacked by pirates this year in the same waters. And Ali and his men had no reason to believe the outcome of this hijacking would be any different. In a well-established routine, a vessel is typically held for a few days or weeks while the pirates negotiate a ransom with the ship's owners, usually netting between $500,000 and $2 million. Then ship and crew are then released unharmed. This year, according...

Author: /time Magazine | Title: Arrr! The Somali Pirates and Their Troublesome Treasure | 10/3/2008 | See Source »

...Faina's cargo surprised Ali and his men and sent alarm bells ringing around the world - the unprepossessing freighter was carrying 33 Russian T-72 tanks and a host of other armaments that had originated in Ukraine. By the end of this week, U.S. frigates and a Russian warship were bearing down on the pirates, the European Union had decided to launch a multinational antipiracy patrol, and Ukraine and Kenya found themselves embroiled in an arms scandal...

Author: /time Magazine | Title: Arrr! The Somali Pirates and Their Troublesome Treasure | 10/3/2008 | See Source »

...Somalia Dangerous Plunder Pirates patrolling Somalia's lawless waters hijacked a freighter carrying tanks and high-grade weaponry and demanded $20 million for its return. As U.S. warships surrounded the vessel--the 26th seized off the Somali coast this year--a pirate spokesman vowed the group would withstand the siege...

Author: /time Magazine | Title: The World | 10/2/2008 | See Source »

...just saw a big ship, so we stopped it," said Sugule Ali, the spokesman for a band of pirates that on Sept. 25 hijacked the MV Faina, a Ukrainian freighter packed with Soviet-made tanks, grenade launchers, ammunition and other high-grade weaponry. The seizure was perhaps the most brazen in a recent spate of attacks on vessels crossing the world's most treacherous waters. According to the International Maritime Bureau, pirates have carried off 63 attacks and 26 hijackings off the coast of Somalia so far this year, seizing 534 crew members; 12 ships and 259 sailors (including...

Author: /time Magazine | Title: A Brief History of Pirates | 10/2/2008 | See Source »

...week of U.S. intelligence reports revealing that a Soviet An-30 reconnaissance plane had recently flown at least four missions over Nicaragua. The Administration speculated that the aircraft might have been used to help the Sandinistas gain information on contra operations. White House officials also said that a Soviet freighter had delivered a large shipment of arms to the Nicaraguan port of Corinto. That the Sandinistas were receiving weapons made in the U.S.S.R. or East bloc countries was nothing new. But for the past 18 months, such shipments had been sent to Cuba and subsequently picked up by Nicaraguan vessels...

Author: /time Magazine | Title: CONTRETEMPS | 7/21/2008 | See Source »

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