Meanwhile the pirates have snagged another ship:

"Pirates have struck again in the waters off Somalia, hijacking a Panamanian registered cargo ship.

NATO's anti-piracy mission, which has warships patrolling the seas off Somalia, has confirmed that a Panamanian flagged cargo ship has been seized by pirates.

The ship's 26 crew members have been taken hostage.

Most of the crew are believed to be Indian.

An Italian bulk carrier also came under attack from pirates in the waters north of the Seychelles, but it managed to avoid capture.

The Somali pirates are holding six commercial carriers.

Earlier this week a Chinese cargo ship with 25 crew members was hijacked and the pirates threatened to execute their hostages if China attempted a rescue operation."

Charley Noble