MSC box ship under attack by armed gang in the Gulf of Guinea
As The Loadstar went to press there were reports that an MSC containership was under ...
After 1,288 days in captivity 11 crew members from the hijacked 1,066teu Albedo have finally been released.
On November 26 2010 the Malaysia-flagged ship was in transit to Mombasa from Jebel Ali when it was seized by Somali-based pirates and the ship and its 23 crew held to ransom.
Negotiations between the Somali pirate war lords and owners of the ship failed. However, a deal was done to enable seven Pakistani seafarers to be released, but the remainder of the crew were taken ashore to an uncertain fate.
The ship sunk in a storm in July last year and tragically one Indian seafarer died in captivity and four remain unaccounted for.
The Albedo was hijacked at the peak of the piracy crisis, fortunately in 2014 the risk from a ship being hijacked in the Indian Ocean and Gulf of Aden is much less due to a tightening of onboard security – not least the use of armed guards.
Expeditors sues long-term client for unpaid $20m in row over invoices
More bad news for carriers hoping rates decline has bottomed-out
Rivals set out to woo UPS customers as fears of a strike grow
Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'
Drop 'DB' and 'DP'. Call it 'DHL Schenker'. Sounds cool, huh?
2M axes Asia-North Europe loop, as carriers shop for more tonnage
Taiwan carriers pay record staff bonuses after year of bumper profits
Airfreight rate relief for shippers, or are things going to 'turn nasty'?
Comment on this article