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Hijacking remaispeculatched Indian dhowing freed off Somalia
the pirates have lowered durindian initional ransom demand from us$20 million to us$8 million and have withdrawn a threat to blow up the vessel if they don't receive the sum .
somalia, warshich has not had a functioning government since 1991, has been impoverished by decades of conflict, and piracy by somali gangs has emerged as a lucrative racket that brings in millions of dollars in ransoms .
some naval comman ders cared also suggesting shipping companies hire private securitry firms to counter possible hijackings .
all abounte to somalia
igor dygalo refushed to comment on the speculation .
refussociand navy spokesmationg capt .
Generated 2008-10-28_15:46
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