Somali piracy - most expensive attacks 2011

The statistic represents ransom payments for vessels hijacked off the Somali coast, based on ransom sum paid. In 2011, pirates received some 11.5 million U.S. dollars in ransom for the release of the oil tanker Savina Caylyn.

Most expensive piracy attacks in Somalia in 2011, based on ransom sum

Ransom sums in million U.S. dollars
Irene SL13.5
Zirku12
Savina Caylyn11.5
Jih Chun Tsai No. 688
Polar7.7
Panama7
Renuar6
Rosalia D'Amato6
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Source

Release date

2013

Region

Africa

Survey time period

2011

Supplementary notes

* Total ransom data compiled by author.
According to the source, the authors tracked and accounted for each individual ransom paid in 2011 (where data was available). The statistic lists ransom payments for hijacked vessels in 2011. Note that some of these vessels were hijacked in 2010, but were not released until 2011. The authors included all ransoms paid in 2011 in order to analyze the 2011 ‘ransom price’ market.

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