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

Pirates have agreed on a ransom for releasing a Ukrainian freighter laden with battle tanks and it could be released soon, a spokesman for the ship's owner said Sunday. Mikhail Voitenko said the MV Faina could be freed this week along with its cargo and crew if agreement is reached on how to get the ransom money to the pirates, who seized the ship off the coast of Somalia coast in late September. He said negotiations on the issue were held Friday. "The owner has confirmed there is... Full Story
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