(BBC)   A British couple kidnapped by Somali pirates three months ago have said they are in urgent need of help.  “We
have not much time left and are being badly treated”, Rachel Chandler
told a journalist from the French news agency AFP who met them in
captivity.  Source

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• Royal Navy was helpless as pirates hijacked yacht couple Paul and Rachel Chandler

     (telegraph)  The 100-strong crew of the RFA Wave Knight were under orders not to open fire as Paul and Rachel Chandler, of Tunbridge Wells, Kent, were taken from their yacht for fear that the couple could be executed by the pirates. Source

• Yacht Kidnapped sailors coming UK – alone

     (sail-world) It was a poignant sight for any leisure sailor.  The orphaned yacht the Lynn Rival, from which cruising sailors Paul and Rachel Chandler were kidnapped last month, was slowly lowered from the Royal Fleet Auxiliary ship the Wave Knight in Portland, Dorset in the UK.   Source

• Somali pirates a ransom

    A senior Nato adviser on piracy has criticised the government for failing to investigate adequately whether ransom payments to Somali pirates fund Islamist groups including al-Qaida.

• French Navy Busy Five Somali pirates

     Five Somali pirates were captured after they mistook a French naval ship for a cargo vessel. The pirates were repelled in a night attack on the French refueling vessel La Somme, which is serving as the command ship for French forces in the Indian Ocean. In the dark, the pirates apparently

• British Man Describes Abduction by pirates

     (NYTimes)  Paul Chandler, a retired British engineer sailing with his wife through the Indian Ocean, was asleep at 2:30 a.m. Friday when the hijackers arrived. “I was off watch,” he said in an interview with ITV News, a British television station

• Gasoline shortages threaten oil refineries in France strike

    Paris – French Industry Minister Christian Estrosi tried to assure the country’s car drivers Monday that service stations would not run out of petrol as a strike of workers at oil giant Total’s refineries went into its sixth day. “The government will undertake measures so that France will not be

• Ethanol is a disaster in waiting for the Marine industry?

     (powerboat-world) As a journalist I am often confronted with a story that, to put it bluntly, is difficult, extremely difficult, to write. In the case of marine engines versus Ethanol-blended fuels, it becomes even more difficult than usual, primarily because it’s impossible to locate the absolute truth. Source

• Ethanol is a disaster in anticipation of the maritime industry?

     (powerboat-world) As a journalist I am often confronted with a story that, to put it bluntly, is difficult, extremely difficult, to write. In the case of marine engines versus Ethanol-blended fuels, it becomes even more difficult than usual, primarily because it’s impossible to locate the absolute truth. Source

• Ethanol is a disaster in anticipation of the maritime industry?

     (powerboat-world) As a journalist I am often confronted with a story that, to put it bluntly, is difficult, extremely difficult, to write. In the case of marine engines versus Ethanol-blended fuels, it becomes even more difficult than usual, primarily because it’s impossible to locate the absolute truth. Source

• Total CEO sees oil prices in the $ 60 – $ 100 range in 2010: report

    Oil prices are likely to be volatile in 2010, ranging between $60 and $90-$100 a barrel, the chief executive of French oil company Total SA, said in an interview published Saturday in French weekly Le Journal du Dimanche. Christophe de Margerie said the current supply-demand balance is pushing prices down,

• France eyes role in the u0026quot Pipeline: Putin spokesman

    France is eyeing participation in Russia’s South Stream pipeline, seen as a rival to the EU-led Nabucco project for gas supplies to Europe, Prime Minister Vladimir Putin’s spokesman confirmed on Tuesday. French involvement in South Stream and another Russian-led pipeline project, Nord Stream, was addressed in talks between Putin and his French

• CMA CGM heads in Korea for funding

    French liner CMA CGM, stuck with one of the largest containership orderbooks in the world, has had to get creative to finance all the new ships. It has just reached agreement on the establishment of a committee comprised of French, European and international banks including certain major financial institutions from Asia

• Private investors join CMA CGM Talks

    Equity Groups, Banks Could Take Stake in Debt-Ridden French Carrier Private investors on Thursday joined key talks between CMA CGM and its bankers over restructuring the troubled French ocean carrier’s $5.6 billion of debts. Apollo Management, the U.S

• Pirates beat Navy

    A group of Somali pirates has been captured after attacking a French navy ship by mistake, apparently thinking it was a harmless cargo vessel. French military spokesman Admiral Christophe Prazuck said the pirates attacked in skiffs late at night some 500km (310 miles) off the Somali coast. But the command and supply ship,

• HHIC 6500 TEUs relieves unwanted boxship at big discount

    Hanjin Heavy Industries & Construction is reported to have sold a CMA CGM boxship newbuilding at a knockdown price after the French owner failed to take delivery. The 6,500teu capacity, CMA CGM Kessel built by HHIC was sold by the yard for $45m, to Greek buyers, believed to be George