9.1.09

Sirius Star Released, $US3m Paid to Pirates


The professional negotiators, acting on behalf of the ship owners, get about $100,000 for their services and the lawyers receive a fee of about $300,000 for ensuring that the shipping companies are not putting themselves in any dubious positions.
Regarding what goes on behind closed doors, be it the negotiations and the legal and insurance matters as a result of these hijackings, it would be fair to say that most of it happens in London.

No comments: