Somali pirates hijack vessel carrying 2,388 Hyundai / Kia vehicles

Posted: Jan 06, 2010
Filed under: Hyundai, Industry News, Kia

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Hyundai Genesis - Pirate Jack Sparrow

A vessel carrying vehicles from Hyundai and its sister company Kia was hijacked by Somali pirates last week. The ship, known as Asian Glory and operated by EUKOR Car Carriers, was hijacked on New Years day while on its way to Saudi Arabia after departing from Ulsan.

According to statement today from South Korea’s Ministry of Land, Transport and Maritimes Affairs, the vessel was carrying a total of 2,405 vehicles including 2,388 from Hyundai and Kia.

“As soon as the vessel embarks, all risks related to the vessel are the responsibility of the distributor,” Hyundai said in an e-mailed response to Bloomberg. “All payments for the cars have been made, while the cars are also insured.”

The hijacking of the vessel was among the first successful attacks on merchant ships in the 500-mile security corridor since July.

Hyundai Motor and Kia have asked for a quick and safe return of the crew, the Korean automaker said.

- By: Omar Rana

Source: Bloomberg

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  • Ccc3

    awesome, go pirates!

  • Pat

    As long as they dont kill anyone

  • Ken

    If something more isn't done to stop these pirates then the cost of everything is going to rise. They just keep getting braver and braver. Also, I agree with Turkey that they should be put on trial under the watchful eye of the United Nations. Stop letting the ones that are caught go because no country will put them on trial. If you want the cost of inflation to rise because of pirates getting away with hijacking shipping vessels then just let it keep happening and see the results in the future. Once they fire at a ship, the ship should be allowed to fire back. Also once caught in action by ships protecting against them, the ship that catches them should be allowed to just blow them out of the sea, no questions asked. I think then they would think twice about being a pirate. Just my opinion!

  • Ccc3

    awesome, go pirates!

  • Pat

    As long as they dont kill anyone

  • Ken

    If something more isn't done to stop these pirates then the cost of everything is going to rise. They just keep getting braver and braver. Also, I agree with Turkey that they should be put on trial under the watchful eye of the United Nations. Stop letting the ones that are caught go because no country will put them on trial. If you want the cost of inflation to rise because of pirates getting away with hijacking shipping vessels then just let it keep happening and see the results in the future. Once they fire at a ship, the ship should be allowed to fire back. Also once caught in action by ships protecting against them, the ship that catches them should be allowed to just blow them out of the sea, no questions asked. I think then they would think twice about being a pirate. Just my opinion!

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