The Anglo-Eastern chemical tanker FAIRCHEM BOGEY (26,350-dwt), has been released by Somali pirates, was allowed to sail away from Somalia after a record payment of US$8 million was paid, according to Chinese news reports.
If correct then this is the most money paid so far to Somali pirates to release a ship and her crew. The previous highest ransom paid was for the 1743-TEU container ship MSC PANAMA and her crew of 23 for which $7 million was handed over.
During 2011 the average ransom paid for a ship and crew was in the region of $4 million.
The Anglo-Eastern chemical tanker FAIRCHEM BOGEY (26,350-dwt), has been released by Somali pirates, was allowed to sail away from Somalia after a record payment of US$8 million was paid, according to Chinese news reports.
If correct then this is the most money paid so far to Somali pirates to release a ship and her crew. The previous highest ransom paid was for the 1743-TEU container ship MSC PANAMA and her crew of 23 for which $7 million was handed over.
During 2011 the average ransom paid for a ship and crew was in the region of $4 million.
Fairchem Bogey was highjacked right outside the port of Salalah while waiting for a berth. Because of port regulations in Oman, armed guards who had travelled with the ship as far as Salalah had recently disembarked at Muscat shortly before the pirates boarded and took control of the ship.
Fairchem Bogey has a crew if 21, all from India and according to reports they are in good health. “Once the agreement to release the vessel had been reached, the vessel was supplied with fuel, fresh food, medicines and armed guards before proceeding to a safe port. A replacement crew has now taken over the vessel,” said a spokesman for Hong Kong-based Anglo Eastern.
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