Wednesday, December 2, 2009

Greek Flagged 300,000 Ton Supertanker Hijacked by Pirates

This hijacked supertanker is not as large as the first one, but a few more of these could start to have a noticeable impact on oil and gas processes.

"Somali pirates seized an oil tanker on its way from Saudi Arabia to the US in the latest in a series of attacks hundreds of miles off the coast of Africa.

A gang of nine pirates hijacked the Greek-flagged 300,000 tonne supertanker on Sunday 800 miles (1,287km) close to the Seychelles.

It is one of the largest vessels seized by Somali pirates, who regularly mount attacks on some of the 20,000 ships that pass through the Suez Canal between the Indian Ocean and the Mediterranean each year.
The company said that the tanker was carrying about 275,000 metric tonnes of crude. At an average price of about $75 (£46) a barrel, the cargo is worth more than $20 million.

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