Hijacked Tanker Returns Minus $8M of

An oil tanker hijacked for a week off Angola in January has been returned to the country’s authorities, a board member at state oil firm Sonangol said on Tuesday, adding that the hijackers had stolen diesel worth $8 million from the ship.

The Liberian-flagged MT Kerala was under a time charter contract for Sonangol when it vanished off the coast of the capital Luanda on Jan. 18 before being intercepted by the Nigerian navy a week later.

The incident raised concerns that piracy is spreading south from the Gulf of Guinea, near Africa’s biggest oil producer Nigeria, where most hijacking gangs originate.

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via Hijacked Tanker Returns Minus $8M of.

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