Samho Dream is a South Korean, Marshall-Island flagged supertanker that was carrying oil from Iraq to the United States when it was hijacked by Somali pirates on April 4, 2010.
At the time, the vessel was crewed by 24 sailors: five South Koreans and nineteen Filipinos.
On November 6, 2010, after being held for 217 days, the ship was released from under pirate control for a ransom of about $9 million.
Three other VLCCs that have been ransomed by pirates are the Sirius Star, the Maran Centaurus, and the Irene SL.
Admiralty judge Justice Anselmo Reyes ordered that the ship be sold over the non-payment of bank loans, according to the South China Morning Post, as Samho Shipping filed for bankruptcy protection after the Busan-based company ran out of cash.