British High Court rejects insurance claim from Greek shipowner in fraud case

A Greek shipowner orchestrated a pirate attack on a tanker, which is why a number of insurance firms refuse to pay claims to the shipowner and a Greek bank, according to a verdict by the High Court of the UK.

Photo: Fawaz Salman/Reuters/Ritzau Scanpix

The UK's High Court has, for now, closed a spectacular case regarding an explosion aboard a tanker in the Gulf of Aden in 2011.

Here, tanker vessel Brilliante Virtuoso was attacked by seven armed men. During the attack, the ship was hit by an explosion that set it on fire. The tanker's owner, Greek company Suez Fortune Investments Ltd, and Piraeus Bank AE, which had a mortgage on the ship, afterwards filed insurance claims totaling USD 77 million from a range of insurance companies at Lloyd's of London.

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