Tag Somali pirates

Piracy ransoms going to terrorist groups

We appear to now be at a point in time with piracy where if a company tries to free captured mariners with ransom money, the company would be subject to prosecution for illegally financially supporting global terrorism. That’s a pretty…

Stock exchanges for Somali pirate companies

“Four months ago, during the monsoon rains, we decided to set up this stock exchange. We started with 15 ‘maritime companies’ and now we are hosting 72. Ten of them have so far been successful at hijacking,” Mohammed said. Wall…

Local Somalis capture pirates

Why? Because they want to stop pirates stealing their boats at gunpoint. So, they’ve fought back. This should put an end to the mistaken meme that the pirates are selfless warriors fighting against the despoiling of the waters by outsiders.…

Somali pirates

Yes, slime from the West has been dumping toxic waste in the waters off Somalia. This is abhorrent and environmental racism at its worse. But to make the leap that the pirates are then justified in kidnapping and theft and…