Pirates hijack ship off Somalia

Somali pirates have apparently grabbed another cargo ship off the Somali coast in search for ransom money, as set out here:

Pirates have hijacked a cargo ship headed for Mogadishu, the third attack since January this year, a maritime official said on Thursday.
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"Negotiations are going on between representatives of the Somali businessmen, the ship owners and the pirates," the official of the Kenyan-based organisation told Reuters.

Proof that what you pay for, you get more of.