A South Korean navy destroyer has caught up with a supertanker hijacked by pirates that is cruising towards the Somali coast with a cargo of crude oil worth as much as $170 million, an official said today.
The South Korean-operated, Singapore-owned Samho Dream, which can carry more than two million barrels of crude, was seized on Sunday en route from Iraq to the United States, in the latest sign the sea gangs are targeting bigger quarry.
The destroyer, equipped with weapons that can hit targets as far as 32 km away and a Lynx combat helicopter on board, was shadowing the tanker as it headed for East Africa, a South Korean official said.
He declined to comment further on what was being planned by the naval unit, which was deployed last year to protect commercial vessels in the Gulf of Aden and the Indian Ocean.
The tanker's crew of five South Koreans and 19 Filipinos was taken hostage when it was seized in the Indian Ocean, about 1,560km east of the Somali coast.
The operator Samho Shipping denied reports that it has been in contact with the pirates or started negotiations for the release of the crew and the ship. Attempts to reach the crew have so far been unsuccessful, a Samho official said.
Texas-based refiner Valero Energy Corp said it was the owner of the crude oil cargo, which was bound for the US Gulf Coast.
Increasingly brazen pirate activity has driven up insurance costs, forced some ships to go around South Africa instead of through the Suez Canal, and secured millions of dollars in ransoms.
Reuters