Update: Maersk Alabama container ship Captain Richard Phillips was rescued by Navy Seals. CNN reports, "The American cargo ship captain held hostage by pirates jumped overboard Sunday from the lifeboat where he was being held, and U.S. Navy SEALs shot and killed three of his four captors, according to a senior U.S. official with knowledge of the situation." Phillips was taken to the destroyer U.S.S. Bainbridge and "was then flown by helicopter to another Navy ship, and has contacted his family and received a routine medical examination," according to the NY Times. more ›