
Everyone wants a Hyundai, even Somalian pirates. On New Year’s day, the Asian Glory, a transport ship owned by EUKOR, was hijacked by Somalian pirates. It was the fourth hijacking in a little over a week and was soon anchored off the Somalian coast next to the chemical tanker, St. James Park which had been hijacked only a couple of days earlier. According to the Independent: Prodan Radanov, an official at the Bulgarian office of the London company that manages the ship, said: “One of the sailors managed to call the British management company and say the ship was hijacked, but that the crew were in good health and were not injured.”
The Asian Glory, with a 4,000 car carrying capacity, was enroute to Saudi Arabia from Ulsan carrying 2,405 automobiles and out of this number 2,388 were Hyundais. It has a crew of eight Bulgarians, 10 Ukrainians, five Indians and two Romanians. According to Novinite.com, ”The eight Bulgarian members of the crew of the UK flagged ship Asian Glory have been allowed by their Somali kidnappers to phone their relatives. The sailors have told their families that they were sound and safe, and that they suspected that negotiations for the ransom for their release had been started.”
But who is going to pay the ransom? Hyundai Motor and Kia have asked for a quick and safe return of the crew but in an email to Bloomberg Hyundai quickly removed itself from any responsibility when it said: “As soon as the vessel embarks, all risks related to the vessel are the responsibility of the distributor. All payments for the cars have been made, while the cars are also insured.”
And how much is the ransom? If you remember right, Spain paid 3.3 million dollars in ransom for the tuna trawler Alakrana in November of last year – a huge increase from the year before when they paid 1.2 million dollars for the release of another Spanish trawler. Surely a ship full of cars is worth more than a trawler (although tuna is pretty expensive - a 511 pound tuna just sold for $175,000). Even the rebates have to be worth a fortune. Spain is not the only one paying big bucks – China is too. They paid 4 million dollars for the return of their coal carrier De Xin Hai. But hijacking ships isn’t the only source of income for a Somalian. Lacking a speedboat you can always resort to a plain old kidnapping. It doesn’t pay as much – only $250,000 but you probably don’t have to split it with as many people. Of course, just because countries pay ransoms doesn’t mean that the Somalian pirates are going to be able to spend it - they may drown swimming for it or kill one another fighting for it.
What do the pirates use the money for? Well, for those who can swim and manage to get back to shore, they spend it on weddings and orgies. One young Somalian bride, Khabibo Salad said, “Previously, we could not get married because we lived in poverty, life was difficult, but the situation was unsafe. Women need love and money, and the pirates have the money, and they show us their love.” But apparently not all were willing to show their love for eternity – instead they opted to pay for it. The going price was about 4,000 dollars to partake in an orgy. Even young Mrs. Salad admitted, “Today girls can marry, but many also agree to be paid for sex.”
As I end this post and reflect upon the title it occurs to me that perhaps it isn’t quite accurate – after all, American car thieves don’t want Hyundais – in fact, no Korean automobile is on the top ten list of stolen cars in the United States. Hell with it… I like the title so it is going to stay.
Picture credit: From EUKOR homepage






{ 12 comments… read them below or add one }
I bet you a latte that their will be some shaddy looking Yemenis in the streets of Riyadh flagging people in the street with, “pssst… wanna Hyundai? Real cheap!”
Is there a reason why these ships crossing the pirate-infested Gulf of Aden do not have on board armed professional guards or soldiers protecting the ship?
Kim considering how much Blackwater charge and how poor their services are probably it’s cheaper to bribe the Somali bad boys and be done and over with, the pirates may not be indeed the worst kind of pirates after all
Why don’t Blackwater rename themselves “Mercs R Us” considering that’s all they really do/offer.
#2, I think it has something to do with maritime law. Commercial ships cannot be armed or something.
One of the popular news mags recently had an article on arming shipping vessels. I recall it was more of a liability concern, not law. Some ships now have armed guards (small caliber stuff).
When I first read the thread title, I thought it referred to the fact that Hyundai Heavy built the ship.
A single town of 6000 is the source of most of the piracy and no one is willing to
carpet bomb itmount a punitive campaign? Send in the Marines! Better still… the Gurkhas. Those with 4x4s and mansions and electricity will be considered guilty until proven innocent.Where’s Presley O’Bannon when you need him?
4 grand for an orgy? In Somalia? This is an outrage!
2, Netizen Kim, some do, but the firepower toted by the Somalis includes rocket launchers and engaging them in a firefight is not always the smartest move.
5, common misconception, vessels can carry weapons, but have to get them bonded when they enter port.
Ummm…. interesting side effects of Somali Piracy to their neighbor Kenya…
Somali pirates keep away illegal fishing boats and that means more fish for Kenyans:
http://www.thestar.com/news/world/article/748867–upside-to-somali-piracy-better-fishing?bn=1
Also, Somali pirates that all that loot money and are apparently buying up Kenyan real estate, causing a boom of sorts:
http://www.nytimes.com/aponline/2010/01/01/world/AP-AF-Kenya-Pirate-Property.html
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