From the Houston Chronicle's NewsWatch: Energy blog:
A South Korean supertanker called the Samho Dream was hijacked by Somali pirates early Sunday, UpstreamOnline said. On board were five South Korean and 19 Filipino crew members. The cargo was headed to the Gulf Coast.
Valero spokesman Bill Day said the cargo was not expected for several days, so the company has time to replace the supply, Bloomberg said. According to tracking data, the ship loaded on March 21 and was scheduled to arrive in the U.S. on May 10.
"We can replace it in the marketplace," Day said.
A South Korean navy destroyer is pursuing the South Korean-owned oil supertanker
believed to have been hijacked by pirates in the Indian Ocean off Somalia, officials said Monday.