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Tank-Laden Ukrainian Ship Could Be Freed Soon

Shipping expert speaking for owner says hijacked Ukrainian freighter could be released soon

Voitenko said the Faina's hijackers may be seeking a guarantee that they will not be attacked on shore after releasing the ship. He said a British-based company is conducting the negotiations, but would not reveal its name.

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Voitenko said the company through which Alperin owns the Faina is Waterlux AG, based in Panama.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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