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Thu 11 Nov 2008Piracy on the high seas
AN ESTIMATED 20,000 cargo vessels travel through the Gulf of Aden and along the east African coast every year. In 2007, 60 of them were kidnapped for ransom by Somali pirates and this year the number has already reached 90, with a ransom haul of $30 million.
Piracy has captured world headlines once again with the first capture of a very large carrier, the Saudi-owned Sirius Star, which has a $100 million cargo of oil.
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