Somali pirates holding a
Ukrainian ship seized exactly two months ago with a cargo of combat tanks and
other weaponry said on Tuesday they had lowered their ransom demand to US$3
million.
''We are demanding three million dollars to release the MV Faina,'' said Sugule
Ali, the spokesman of the group of pirates that hijacked the ship on September
25.
''We are running out of time, waiting for an outcome to these protracted
negotiations. The owners should immediately take this opportunity to recover their
property,'' said Ali.
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