Japan’s Exports Fall for Fourth Month as US Shipments Tumble
Japan’s exports fell for the fourth consecutive month as US President Donald Trump’s tariffs continued to cloud the prospects for global commerce, especially for trade involving the US.
According to a report issued by EU NAVFOR task force, pirates released the M/V Beluga Nomination Wednesday, April 13.
The vessel was pirated on January 22 approximately 390 nautical miles north of Seychelles while en route to Port Victoria in Seychelles. At the time of the attack, the Nominations 12 crew members (made up of Polish, Filipino, Russian and Ukrainian) were able to seek refuge in the ships citadel, however pirates were eventually able to gain access through the ceiling. Shortly after the ship was seized, reports say Beluga had said three crew members were killed while attempting to escape while two had successfully fled.
Todays statement from EU NAVFOR did not list the condition of the remaining crew, or the amount of ransom paid, however it is said to be US $5 million.
The vessel is currently believed to be making for a safe port.
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