“Most spectacular fraud in shipping history”

Ince Gordon Dadds partner Carrie Radford and senior associate Lucy Espley comment on the extraordinary Brillante Virtuoso case

In 2011, the 1992-built Suezmax tanker Brillante Virtuoso was within Yemeni waters waiting for a security team. A small boat approached carrying seven armed persons. The master allowed them to board, apparently believing they were the security team. The ‘security team’ hijacked the ship and within hours set the vessel on fire. The ship was abandoned, the crew was rescued by a passing ship and Brillante Virtuoso was later sold for scrap.

The vessel’s owner, Suez Fortune Investments Limited, and mortgagee bank, Piraeus Bank AE, brought a claim on the vessel’s war risks policy for a constructive total loss, totalling US$77M, claiming that the loss of the vessel was caused by piracy or hijacking.

To continue reading, please click here.

Source: rivieramm.com

High Court: “Pirate Attack” was Attempted Fraud

In a ruling issued Monday, the High Court of London ruled that the tanker Brillante Virtuoso was irreparably damaged not by pirates, as her owner and banker claimed, but by a group of conspirators. Justice Nigel Teare found that the owner’s claims of piracy were improbable, and he reached the “firm conclusion” that the attackers intended to destroy the vessel, that they had the assistance of the master and chief engineer as they went about the task, and that the owner orchestrated the scheme in order to defraud his insurer. 

On July 6, 2011, Brillante Virtuoso was drifting off Aden, awaiting a team of unarmed security contractors before transiting Bab el-Mandeb. A small boat approached carrying seven masked, armed men. The men informed the crew that they were “security,” and they came aboard with the master’s permission. (The disputants in the case agreed that the boarding party’s members were likely current or former Yemeni Coast Guard or Navy servicemenbers.) They ordered the crew to the day room, and escorted the master to the bridge and the chief engineer to the engine room. 

To continue reading, please click here.

Source: maritime-executive.com

Sailors from USS Philippine Sea rescue the crew of the Brillante Virtuoso