If YOU FIND A HOSTAGE FOR LESS ANYWHERE ELSE, WE'LL BEAT THAT PRICE! AND WE TAKE COUPONS FROM ALL OTHER PIRATES!
A group of Somali pirates announced Sunday that they're cutting their asking prices for hostages by 20 percent -- to speed up the negotiation process, make room for more hostages and take in more cash.h/t NPR, Wait Wait...Don't Tell Me!
"We want to free ships within a short period of time instead of keeping [hostages] for a long time and incurring more expenses in guarding them. We have to free them at a lower ransom so that we can hijack more ships," Reuters quoted one pirate spokesman as saying.
When the European Union's anti-piracy task force last took count on 1 March, Somali pirates were holding around 30 ships and 659 hostages. And, at an average ransom of about $5.4 million a ship, (£3.37 million) that's a pretty sweet deal for pirates, who raked in an estimated haul of around $238 million last year.
Apparently, it's not as efficient as it could be to take care of all of those hostages during the increasingly lengthy negotiation process. So, pirates are willing to take a 20 percent hit on ransoms to speed things up and make room for yet more hijack victims.
The life of Indigo Red is full of adventure. Tune in next time for the Further Adventures of Indigo Red.