Reported as Agreement reached on ransom of crew seized off Somali coast:
Talks on the ransom for the crew of a German freighter hijacked by pirates in coastal waters of Somalia at the end of last month have been completed.
Spokespeople for the Ukrainian Foreign Ministry told reporters today that the negotiations over the size of the ransom and conditions of its delivery have been brought to an end, news agency Interfax reports.
According to the Ukrainian ministry, the money will be handed over to pirates in territorial waters and preparations for the handover are underway.
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The hijacked German cargo ship, the Lehmann Timber, had a crew of 15, among them four Ukrainian nationals and one Estonian citizen...
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