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Pirates and Ransom

CNN and ABC News reported on the status of the recent pirate attacks. CNN.com says Somali pirates released a hijacked Greek-owned ship with all 19 crew members safe and cargo intact. A ransom was paid but the amount has not been released. The ship was seized Sept. 26 and released Friday about 500 miles off Somalia. Details could not be released out of safety concerns for the crews of other ships that are currently held by pirates.

ABC News focused mostly on how dangerous and risky negotiating with pirates can be. One pirate may grab another pirate's ransom making the ship still in hostile hands and pirates still demanding his ransom. There are 12,000 pirates in the water now. Sometimes ransoms cost up to $25 million.