Pirates have negotiated to release the MV Faina, a Ukranian transport ship laden with tanks, tank artillery shells, small arms, and grenade launchers, originally bound for Kenya. The report is unclear whether the pirates are Somali.
The transport ship was hijacked over two months ago off the eastern coast of Africa, presumably around the Gulf of Aden; because of the cargo, U.S. Naval ships have been monitoring the MV Faina to ensure it does not fall into the hands of terrorists.
The pirates have reached a deal with the Ukranian owners of the ship and talks are ongoing as to how to deliver the ransom money.
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