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You are here: Home → Archive → 2009 → October → Weekly Edition 1st of October 2009 → Pirates free Horizon 1 and her crew

Pirates free Horizon 1 and her crew

by David Osler - Monday 5 October 2009 — last modified Oct 08, 2009 09:34 AM

Somali pirates have released Turkish bulk carrier Horizon 1 and her 23 Turkish crew, according to private security concern with knowledge of the region.

A ransom of US$1.7m has been paid, the source added.

Earlier reports suggested that the pirates initially around US$20m to release the vessel, which is three or four times the value of the 32,173 dwt vessel.

Horizon 1, built 1980,...

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