 If confirmed to be an act of piracy, the hijacking of "Arctic Sea" would be the first known of its kind in Northern European waters for centuries.The Russian court found all of the alleged hijackers to be guilty of piracy, but this has not led commentators to be any "closer to knowing what actually happened".The "Arctic Sea" was owned by a U.S.-based company, Arctic Runner Shipping Inc. and operated by a Canada-based company, Great Lakes Feeder Lines, as of March 2010.