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...profile impact on the world economy which terrorists want to achieve," Singapore's Deputy Prime Minister and national security czar Tony Tan told TIME. The case of the Dewi Madrim, Tan says, is particularly worrying: "The Dewi Madrim pirates had fast boats, vhf radios, machine guns. They disabled the ship's radio, took over the helm, and steered the ship for an hour before their escape." All of which, Tan concludes, point toward the possibility that the episode was a dry run for a terrorist attack...

Author: /time Magazine | Title: Dire Straits | 11/29/2004 | See Source »

...Nurdin's last "offer" was a year ago when a middleman sought a crew to bring in a Taiwan-flagged tanker, the Luen Fatt, after it had been hijacked. Nurdin and 13 other sailors steered the ship to the virtually unregulated waters around Batam, he says. Within hours, the cargo of diesel oil was unloaded and the 1,249-ton tanker repainted, renamed and on its way to a broker. Sometimes, Nurdin continues, his clients want only the "skin," which means just the vessel, of a certain size, length and capacity, while at other times it's only the "guts...

Author: /time Magazine | Title: Dire Straits | 11/29/2004 | See Source »

...hole in one so that its cargo is released, creating a maritime disaster. There's also the economic impact. When the oil tanker Limburg was attacked off the coast of Yemen in October 2002, insurance costs for calls to the country's ports rose by some $150,000 per ship. Such a situation would force shipping companies to make long detours around the strait, notes Dominic Armstrong, research chief for the London-based security firm Aegis Defence Services and author of a study on the dangers of maritime terrorism. "[That] could cause up to three or four weeks' extra shipping...

Author: /time Magazine | Title: Dire Straits | 11/29/2004 | See Source »

...pirates in the strait, which most recently saw four sailors spirited away from a tugboat in October (two of the men are still missing). In the worst such incident, off the coast of northern Sumatra, four crew members were killed in January after negotiations between their kidnappers and the ship's owners broke down. "We have to do something about the kidnappings before they spiral out of control," says Choong...

Author: /time Magazine | Title: Dire Straits | 11/29/2004 | See Source »

...Albariño, a crisp white wine produced on the northwest coast of Spain (it's great paired with seafood), uses thermosensitive ink to let you know when the contents of the bottle are suitably chilled. When the wine registers 52ºF (its optimal serving temperature) or colder, a little blue ship appears on top of the aqua waves...

Author: /time Magazine | Title: Coolest Inventions 2004: Fresh Ideas | 11/29/2004 | See Source »

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