Shipping should also give thanks that Periklis Panagopoulos has been released from captivity. The 74-year-old shipowner was bundled into a waiting car as he left his home on 12 January. He was found in a car park off the Athens-Corinth motorway eight days later, unhurt and in good health. There can be no debate as to whether his wife, Katerina, was right to negotiate with the captors, who were reported to have demanded a ransom of €40M ($52M).Whatever arguments exist against paying ransoms, she acted without police involvement and safely secured her husband's release.
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