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British hostage freed by Libya militants as family denies ransom reports.
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But when the father he rarely saw paid the ransom – reported to be close to $240,000£1.3m3m in today's money) – Frank Jr became headline news around the world.
No immediate claims of ransom were reported for the tanker, the Maran Centaurus.
If their families agree to wire money to pay a ransom, the report said, the captives may escape further torture.
Criminals have also been targeting wealthy businessmen from the Karana community, who have become known for paying heavy ransoms without reporting abductions to the police.
The reported ransom shows why pirate attacks have been on the rise.
Bolstering Isis's treasury is up to $45m in money from kidnapping for ransom, the UN report finds.
Negotiations continued Thursday for the release of a Saudi-owned oil supertanker seized by pirates off Somalia, with the pirates asking for $25 million in ransom, news agencies reported.
More companies are requesting kidnapping and ransom insurance — Bangs reported a 15 to 20percentt jump at Chubb over the past three years — than ever before.
Negotiations for the release of the Saudi-owned supertanker seized by pirates off Somalia continued Thursday, with the pirates asking for $25 million in ransom, news agencies reported.
A German national was released by Islamic State in June, and although his government denied paying any ransom, German media reported that an unspecified inducement had been offered.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com