November 18, 2008

Dubai, UAE - The Vela International Marine Ltd. VLCC tanker SIRIUS STAR is now believed to be at anchor off the coast of Somalia. The fully laden oil tanker was seized earlier in the week by a group of armed pirates approximately 420 nautical miles off the coast of Somalia.

All 25 crew members on board are believed to be safe. The crew consists of 2 British, 2 Polish, 1 Croatian, 1 Saudi and 19 Philippines nationals.

"Our first and foremost priority is ensuring the safety of the crew," Salah B. Ka'aki, President & CEO of Vela International Marine Ltd. said. "We are in communication with their families and are working toward their safe and speedy return."

Vela continues to monitor the situation and coordinate with the relevant embassies. At this time, Vela is awaiting further contact from the pirates in control of the vessel.

In view of the sensitive nature of this matter and in the interest of the safety of the crew on board the vessel, Vela will make no further public comments on this incident until further notice.

• Virgo Star joins Vela’s fleet   June 26, 2010
  
  
• Antares Star latest to join Vela Fleet   April 21, 2010
  
  
• Vela Appoints New President and CEO, Mr. Mohammed Saif Al-Gusaier   May 01, 2009
  
  
• Mr. Saleh B. Kaki, President and CEO Retires   April 30, 2009
  
  
• Vela launches “Saiph Star”   March 24, 2009
  
  
• Vela Press Release   January 10, 2009
  
  
• Janah Star Launching Ceremony   December 18, 2008
  
  
• Vela Press Release   November 17, 2008
  
  
• Vela wins Tanker Operator Award   October 09, 2008
  
  
• Sirius Star Launching Ceremony   March 28, 2008
  
  

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