By Anto T Joseph
On January 12, the release of a chemical tanker ‘Fairchem Bogey’ by Somali pirates after five months in captivity has brought cheers to Indian shipping. The ship, which was seized on August 20, while on anchorage within the Salalah port limit in Oman and waiting for berthing instructions from port authorities, had an Indian crew of 21 on board. As per local reports, pirates released the ship for a ransom estimated at $8 million (around Rs 40 crore). The
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