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So when do they fire the tear gas and burn the lifeboat to the waterline?

LOL. Let's hope not. I think the Navy is in control of this one. Here's a bit more info from AP, Shipping company says captain is unharmed

"The shipping company Maersk (mersk) says the captain being held by pirates off the coast of Africa has made contact with the Navy and the crew of his ship and so far is unharmed.

The company says in a statement released Thursday afternoon that Capt. Richard Phillips of Underhill, Vt., has a radio and has been provided with additional batteries and provisions.

It wasn't immediately clear how he got them.

Phillips has been in a lifeboat with the pirates since Wednesday when the Maersk Alabama was hijacked. The crew later took back control of the ship. The company says that that the lifeboat is still within full visibility of the Navy's USS Bainbridge.".........

For what it's worth from Bloomberg, information from a Da'ud, allegedly associated with the Somali pirates, on how the hostage tradeoffs, getting the cargo ship back supposedly went down. Somali Pirates Sending Reinforcements to Kidnappers (Update1)

Well this is interesting... there’s no verification of the report that the ship itself has gotten underway again, or the other report that the owner was paying a ransom. It’s the old ‘fog of breaking news’ bit again.

Sometimes I think the MSM just charts out all the possible permutations of these stories, then just goes down the list reporting all of them. The New Jersey incident, where we went from “assault rifle” to “high powered rifle”, to “automatic pistol”, to “semi-auto pistol” is a case in point. Bet they were getting really nervous when they realized “slingshot” was the only thing they had left on the list.