The story

Pirates have reached a deal with the owners of a Ukrainian ship loaded with arms that was seized more than two months ago, an official with the Kenya Seafarers Association said Sunday.

"A deal has been reached to free the MV Faina. Talks on how to deliver the ransom money are ongoing," Andrew Mwangura of the association told CNN.

It is not clear how long those talks will take, but the ship could be freed as soon as an agreement has been reached. Read full article »

-- CNN's David Mckenzie contributed to this report.

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