AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.04 No Change ▼ 0.00 (0%)
BOP 6.67 No Change ▼ 0.00 (0%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.44 No Change ▼ 0.00 (0%)
DGKC 86.85 No Change ▼ 0.00 (0%)
FCCL 32.28 No Change ▼ 0.00 (0%)
FFBL 64.80 No Change ▼ 0.00 (0%)
FFL 10.25 No Change ▼ 0.00 (0%)
HUBC 109.57 No Change ▼ 0.00 (0%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.05 No Change ▼ 0.00 (0%)
KOSM 7.46 No Change ▼ 0.00 (0%)
MLCF 41.38 No Change ▼ 0.00 (0%)
NBP 60.41 No Change ▼ 0.00 (0%)
OGDC 190.10 No Change ▼ 0.00 (0%)
PAEL 27.83 No Change ▼ 0.00 (0%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 150.06 No Change ▼ 0.00 (0%)
PRL 26.88 No Change ▼ 0.00 (0%)
PTC 16.07 No Change ▼ 0.00 (0%)
SEARL 86.00 No Change ▼ 0.00 (0%)
TELE 7.71 No Change ▼ 0.00 (0%)
TOMCL 35.41 No Change ▼ 0.00 (0%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.41 No Change ▼ 0.00 (0%)
TRG 53.29 No Change ▼ 0.00 (0%)
UNITY 26.16 No Change ▼ 0.00 (0%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 10,010 Increased By 126.5 (1.28%)
BR30 31,023 Increased By 422.5 (1.38%)
KSE100 94,192 Increased By 836.5 (0.9%)
KSE30 29,201 Increased By 270.2 (0.93%)

Somali pirates hijacked a German-owned tanker carrying liquefied petroleum gas on Thursday, the first ship seized in the Gulf of Aden in nearly four weeks. A decline in the rate of successful attacks since foreign navies rushed to the busy sea lane has raised optimism among shippers that the menace was being curbed, but pirates have been seeking ways to evade the warships.
The Longchamp was hijacked with a crew of 12 Filipinos and one Indonesian as it was headed from Europe to the Far East, Andrew Mwangura, of the East African Seafarers Assistance Programme, told Reuters. Hamburg-based ship operator Bernard Schulte Shipmanagement confirmed the hijacking. It said no demands had been made. "The master was briefly allowed to communicate with us and it appears that all crew members are safe," it said in a statement on its website.
Shipping information service Lloyd's List put the Longchamp's size at 4,316 dead-weight tonnes - over 70 times smaller than the Saudi supertanker held in November and released on January 9 after the world's biggest ship hijacking. Liquefied petroleum gas, a fuel, is highly flammable.
Somali gunmen have been causing havoc in one of the world's busiest shipping lanes, hijacking dozens of ships last year. The attacks have raised insurance costs, prompted some owners to go round South Africa instead of via the Suez Canal and triggered an unprecedented deployment by international naval forces.
Shippers say that has decreased the frequency of successful hijackings - the previous one was on January 3 - but a senior officer with the US military command for Africa told Reuters this week the decline could have been due to the weather. On Thursday, nine countries in the region adopted a code of conduct on the repression of piracy.
They agreed to set up piracy information centres in the coastal cities of Dar es Salaam, Sanaa in Yemen and the Kenyan port city of Mombasa. "The Djibouti code of conduct is the first regional mechanism established for African and Arab nations," said Koji Sekimizu, the director of the Maritime Safety Division at the International Maritime Organisation (IMO).

Copyright Reuters, 2009

Comments

Comments are closed.