South Korean Navy Pursuing Hijacked Tanker off Somalia

From WXVT 15

Officials say a South Korean navy destroyer is pursuing a supertanker believed to have been hijacked by pirates in the Indian Ocean off Somalia.

The tanker was believed to be carrying more than $150 million worth of crude oil owned by San Antonio-based Valero Energy Corp.

Valero said it owns the cargo on the tanker, but could not confirm the hijacking.

Spokesman Bill Day says the company has “had reports to that effect, but there”s been no official confirmation.” But Day says that “everything points to that.”

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© 2013 Energy Tribune

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