FTL Somalia

Pirates Holding a Chinese Vessel in Somalia Demand Ransom Worth $10 Million

Pirates off Somalia’s northeastern coast have reportedly demanded a $10 million ransom for a Chinese-owned fishing vessel, signaling a troubling resurgence of maritime insecurity in the region.

The vessel, seized in late November, is being held in Puntland’s Xaafuun district along with its 18-member crew, according to the Associated Press.

This development marks a significant escalation in piracy, which had been largely curbed by international naval patrols and regional efforts in recent years.

The situation underscores the persistent challenges in securing Somalia’s waters and addressing the economic and governance issues that fuel such incidents.

Efforts to resolve this crisis will likely require coordinated action from Puntland authorities, international partners, and China to ensure the safe release of the crew and prevent further incidents in the region.