Vietnam cargo ship sinks, 22 dead: shipping firm

A Vietnamese cargo boat that vanished
near the Philippines on Christmas Day has sunk, killing 22 of its 23 crew members.

Shipping firm negotiating with pirates for crew release

The shipping company, whose
vessel with two Indians onboard was hijacked last week by
Somali pirates, has said it was negotiating with the hijackers
for the safe release of the crew.