Captain of 'Maersk Alabama' cargo ship Richard Phillips RESCUED from Somali Pirates!

Captain of "Maersk Alabama" cargo ship -- docked now in Kenya -- Richard Phillips (AP picture right) held captive since Wednesday by Somalian pirates, has been rescued! Three of the four Somalian pirates were killed, while the fourth is now in custody.

According to CNN quoting a senior US official, Captain Phillips dove over the side of the lifeboat, while US Navy Seals led by Vice-Admiral William Gortney shot three of his four captors. Capt. Richard Phillips was taken aboard the USS Bainbridge, a nearby naval warship un-injured and in good condition.

John Reinhart, president and CEO of Maersk Line Limited that Phillips (family picture left) captained, called Phillips' wife, Andrea, to tell her the good news at roughly 1:30p eastern time.

"We are all absolutely thrilled to learn that Richard is safe and will be re-united with his family," Reinhart said. "Maersk Line Limited is deeply grateful to the Navy, the FBI and so many others for their tireless efforts to secure Richard's freedom."

"We look forward to welcoming him home in the coming days," Reinhart added.

The 'Maersk Alabama' reached port in Mombasa, Kenya on Saturday. Crew members aboard the freed cargo ship are estatic that their captain is freed.