Financial Times FT.com

Somali pirates release Saudi oil tanker after ransom is paid

By Barney Jopson in Nairobi and Robert Wright in London

Published: January 10 2009 02:00 | Last updated: January 10 2009 02:00

Somali pirates have released a Saudi oil tanker hijacked last year in return for a ransom payment from the ship's owners that one pirate associate put at $3m.

The Sirius Star, carrying 2m barrels of oil, is the largest vessel to be hijacked. Its capture drew fresh attention to the extent of the piracy problem in the vital shipping lanes off east Africa.

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