SEOUL, South Korea - At dawn Friday, South Korean commandos steered their boat to a hijacked freighter in the Arabian Sea. Under covering fire from a destroyer and a Lynx helicopter, they scrambled up a ladder onto the ship, where Somali pirates were armed with assault rifles and anti-tank missiles.

Five hours after the risky rescue began, it was over.

All 21 hostages were freed from the gunfire-scarred freighter. Eight pirates were killed and five were captured in what President Lee Myung-bak called a "perfect operation."

It was a remarkable ending to the daring and rare raid, handing South Korea a stunning success in the battle against pirates who have long tormented shipping in the waters off the Horn of Africa.

The lone casualty among the crew was the captain, identified as Seok Bae-gyun, 58, who was shot in the stomach by a pirate, South Korea's JoongAng Ilbo newspaper reported. He was taken by a U.S. helicopter to a nearby country for treatment, but the wound was not life-threatening, Lt. Gen. Lee Sung-ho of the South Korean Joint Chiefs of Staff told reporters in Seoul.

The successful raid also was a triumph for South Korea's president and military. Both came under harsh criticism at home for being too slow and weak in the response to a North Korean attack in November on a South Korean island near disputed waters that killed two marines and two civilians.

"We will not tolerate any behavior that threatens the lives and safety of our people in the future," President Lee said in a brief televised statement.

Friday's operation came a week after the Somali attackers seized the Samho Jewelry, a 11,500-ton chemical carrier sailing from the United Arab Emirates to Sri Lanka.

Of the 21 crew members, eight were from South Korea, two were from Indonesia and 11 were from Myanmar. South Korea's Joint Chiefs of Staff said the Samho Jewelry was being accompanied by the destroyer to a safe area; it did not elaborate.

Other countries' special forces have launched raids to rescue hijacked ships in recent months, but hours, not days, after capture, and then only after they were assured the crew was locked in a safe room, commonly referred to as a "citadel." The raid on the Samho Jewelry was rare because it came a week after the ship was seized. It was not clear if the crew was in a citadel during the rescue, but the wounded captain clearly was not.

The Bahrain-based U.S. 5th Fleet said the U.S. Navy was aware of the rescue, but referred all other questions to South Korea.

There are now 29 vessels and 703 hostages being held by pirates off the coast of Somalia.

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