Pirates Discuss Ransom for Arms Shipment

But demands diminish as international noose appears to tighten
By Nick McMaster,  Newser Staff
Posted Oct 1, 2008 3:23 PM CDT
The commanding officer of a US Navy ship monitors the pirated vessel.   (AP Photo)
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(Newser) – The Somali pirates who hijacked a Ukranian ship carrying a weapons shipment are in ransom negotiations with the vessel’s owners, the BBC reports. No governments are involved in the talks, sources said. The pirates seem to be flexible: They initially asked for a $35 million ransom, then $20 million, and now “it’s down to $5 million,” one source said.