Contact with the crew of the Egyptian ship hijacked by Somali pirates last week has been cut for the past two days, according to a source at Red Sea Navigation, the shipping company that operates the ship.
Company President Abdel Meguid Matar said he had been informed that the Eritrean government, which owns the ship's cargo, was currently in the process of negotiating the ship's release.
Mohamed Sobhi, owner of the hijacked vessel, for his part, reiterated his refusal to pay an exhorbitant ransom.
Translated from the Arabic Edition.