Updated

Saturday, 10 p.m. ET, and Sunday, 3 p.m. and 11 p.m. ET
Hosted by Geraldo Rivera with reports by Amy Kellogg, Greg Palkot and Martha MacCallum

With the second attack this week by pirates this year on the Maersk Alabama, Somali piracy is front and center as the world’s problem on the high seas.

Currently there are at least 11 ships being held along with some 200 plus hostages. They have turned piracy into a multimillion dollar, well-organized business.

Fox News Reporting travelled the globe to find out who the pirates of 21st century are and how they are getting paid. Some of the money is reportedly helping to fund the radical Islamist group Al-Shabab, who are linked to Al Qaeda. Reporter Greg Palkot followed the money trail to Nairobi's "Little Mogadishu" and tracked down a pirate named "Milksucker."

• Watch a clip from "Pirates of the 21st Century"

Reporter Amy Kellogg takes you inside the terrifying two month hijacking of the Danish ship the CEC Future. You'll see exclusive video of the actual money drop and hear firsthand accounts from the ship's Russian captain and owner. In Djibouti, Kellogg met with a man named Ali Ali, who negotiated on behalf of the pirates.

And Martha McCallum sat down with James Christodoulou, the first American ship owner to be pirated in the Gulf of Aden. His ship, the MV Biscaglia was hijacked last year along with its 28 crew members. In this heartfelt interview, Christodoulou talks about how the 56 day ordeal affected him and the crew's families.

Geraldo Rivera will bring the latest developments from Fox News headquarters in this battle against the terror spawned by these "Pirates of the 21st Century."