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Monday, 17 November 2008

Somali pirates seize Saudi oil tanker

Pirates operating off the coast of east Africa have hijacked a Saudi supertanker fully laden with an estimated 2m barrels of oil in an attack that marks a significant escalation in the scope of banditry in the region.

The pirates, believed to be from lawless Somalia, seized control of the Sirius Star, which is owned by Saudi Aramco, the world’s largest oil company, on Saturday, 450 nautical miles south-east of the Kenyan Indian Ocean port of Mombasa.

It is estimated that the tanker was holding more than a quarter of the daily exports from Saudi Arabia, the world’s largest oil exporter. The oil would have been worth about $100m (€79m, £66.5m) at Monday’s market price but is probably of little interest to the pirates.

Pottengal Mukundan, director of the International Maritime Bureau, said that the only cargoes that had interested Somali pirates previously were the shipments of World Food Programme aid.

Instead, pirates seize vessels to extort ransoms – often of about $2m – from shipowners desperate to have their crews returned.

The tanker is about three times the tonnage of a US aircraft carrier, making it the largest vessel ever seized by pirates.

The attack also took place farther out to sea than before, signalling that the pirates have become increasingly bold, organised and able to adapt their tactics, experts say.

“It certainly represents a fundamental change in the pirates’ ability to be able to attack vessels out to sea,” said Lieutenant Nathan Christensen, a spokesman for the US Fifth Fleet, which patrols the region’s waters. More