Hostage Oversupply in Somalia? Pirates Negotiate Better Deals to Free Up Space

Somali pirates may have reached their limit, at least for now. Security agencies have suggested that Somali pirates are willing to negotiate lower ransoms to release ships they have seized -- because they are running out of room.
The British Royal Navy intercepts a gang of pirates off Somalia. But pirate groups may have more hijacked ships than they can handle.

The British Royal Navy intercepts a gang of pirates off Somalia. But pirate groups may have more hijacked ships than they can handle.

Foto: Reuters/ MoD/ Crown Copyright