Suspected pirates were handed over to the Seychelles authorities in May 2012. Photo: EUNAVFOR
European Union Naval Forces (EUNAVFOR) reports today that eleven people of Somali origin have been convicted today of piracy by the Seychelles Supreme Court. Sentences ranged from 18 months to 16 years.
The pirates were operating from a fishing dhow towing two skiffs approximately 400 nautical miles off Somalia when they were apprehended by the Royal Netherlands Navy frigate, HNLMS Van Amstel, on 11 May 2012.
The boarding team from the Dutch frigate rescued a total of 17 hostages and found “significant evidence that linked the 11 men to an armed attack on M/T ‘Super Lady’ a few days earlier,” according to a statement by EUNAVFOR.
The 17 freed hostages were Iranian fishermen.
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U.S. strikes on several Iranian nuclear sites represent a meaningful escalation of the Middle East conflict that could lead Tehran to disrupt vital exports of oil and gas from the region, sparking a surge in energy prices. But history tells us that any disruption would likely be short-lived.
Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as independent refiners slow their buying due to a jump in crude prices, traders and analysts said.
The firm building what will become the largest port in India plans to raise as much as 300 billion rupees ($3.5 billion) of debt, giving lenders an opportunity to invest in one of the cornerstones of Prime Minister Narendra Modi’s infrastructure overhaul.
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