From The International Herald Tribune:
The word "pirate" has come into the news for the first time in memory, as raiders armed with grenade launchers and grappling hooks take over vessels headed through waters off Somalia for the Suez Canal.
Last week, four ships were captured, including a massive Saudi oil tanker, the Sirius Star. More than 3 million barrels of oil pass through those waters every day en route to markets in Europe and the United States. On Thursday, the pirates announced that they wanted $25 million for ransom for the Saudi tanker. For more than a month, pirates have held a Ukrainian freighter, the cargo of which is a vast store of weapons, including tanks and artillery. The arms were headed for Kenya or Sudan.
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