Hijacking and Murder in Global Shipping’s Grim Underbelly

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  • Опубликовано: 20 сен 2022
  • In July 2011, the oil tanker Brillante Virtuoso was drifting through the treacherous Gulf of Aden when a crew of pirates attacked and set her ablaze. When David Mockett, a maritime surveyor, inspected the vessel, he was left with more questions than answers. Soon after his inspection, Mockett was killed in a car bombing.
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Комментарии • 777

  • @johnnyblade4351
    @johnnyblade4351 Год назад +745

    Poor Guy doing his job on the verge of retirement.... And gets blown away. And the bank sweeps the debt under the carpet . Terrible injustice. Great Doc

    • @LichaelMewis
      @LichaelMewis Год назад +10

      Literally

    • @rorschacht8478
      @rorschacht8478 Год назад +8

      Horrible stuff. At least the man didn't have a painful passing.

    • @jimj2683
      @jimj2683 Год назад

      @@rorschacht8478 You don't know that. He could have had his underside blown up, but the upper part of his body could have held him alive for a few long minutes or seconds.

    • @alantaylor353
      @alantaylor353 Год назад +10

      @@rorschacht8478 maybe not though... He might have just been incapacitated by the initial blast & burned alive..!
      That car didn't look too damaged, it was more a fire bomb than an almighty blast bomb.!
      I'm choosing to believe he was killed outright though because I've seen what happens when a person is trapped in a burning car & I want to sleep tonight.!

    • @jorgegonzalez-larramendi5491
      @jorgegonzalez-larramendi5491 Год назад +1

      a pile of humanoid *rats* .

  • @mynameISsky
    @mynameISsky Год назад +575

    Capt. David Mockett was a dear, dear friend of mine. 💔
    Thank you for telling his story.

    • @joecampbell6486
      @joecampbell6486 Год назад +32

      very sad, hopefully the Greek owner gets his comeuppance one day soon

    • @bobpaulino4714
      @bobpaulino4714 Год назад +10

      Sad how those who seek truth are literally cancelled.
      Those responsible will ultimately be held responsible.
      Jehovah will have the final say.

    • @mithrandirthegrey7644
      @mithrandirthegrey7644 Год назад +1

      @@joecampbell6486 Criminals usually do.

    • @carknower
      @carknower Год назад +1

      He was my hero

    • @lacascadaobregon
      @lacascadaobregon Год назад +1

      I'm sorry for your loss. Your friend was a brave man.

  • @grungepants
    @grungepants Год назад +491

    For a documentary about a ship this was absolutely riveting.

  • @TheRealKillerTomato
    @TheRealKillerTomato Год назад +217

    This should be a movie. For one, it’s very exciting and interesting. Two, David Mockett deserves to have his story told and memory honored.

    • @jackfisher9833
      @jackfisher9833 Год назад

      American propaganda movie? F that. I stopped watching american movies when USA made the rock a movie star. THE WORST ACTOR EVER!!! He is worse then Steven Segal. Why is he in movies??

    • @kateapple1
      @kateapple1 Год назад +2

      So why don’t they? Chuck grenades off the side of the boat at these guys or shoot at them just seems ridiculous that they don’t even try to fight back or defend themselves.

    • @maiaja4
      @maiaja4 Год назад

      Wow, I thought the exact same thing!! This documentary has a powerful message. This is just so sad..RIP Capt David Mockett 😥

    • @jellyloab
      @jellyloab Год назад

      @@kateapple1 they literally can't carry weapons under international law. they have to use things like water guns or sonic weapons

  • @grahamsawyer831
    @grahamsawyer831 Год назад +177

    thanks to Bloomberg for shining a light into one of the murkier corners of the world... genuinely fascinating

    • @Exedus20
      @Exedus20 Год назад +5

      Except that it's Bloomberg so I automatically assume liberties are taken with the story for political bent.

  • @terence671
    @terence671 Год назад +482

    This is top shelf journalism. Great work.

  • @stephenmassey2498
    @stephenmassey2498 Год назад +45

    David was a top surveyor - bravely dealt with a hijacking for our team in Sharjah

  • @deforged
    @deforged Год назад +99

    if the insurance industry is so convinced of his guilt, then why doesn't it just label him as a pariah and make him uninsurable anywhere?

    • @chrispaul1117
      @chrispaul1117 Год назад +16

      maybe they did or at least his rates are much higher

    • @chuckkiephan6880
      @chuckkiephan6880 Год назад +21

      They rather go for middle class $50,000 car insurance fraud

    • @jaychah2563
      @jaychah2563 Год назад +4

      Hes white that's why he got off

    • @IronX77
      @IronX77 Год назад +2

      He's got lots of other ships that need insurance

    • @michaelotieno6524
      @michaelotieno6524 Год назад +7

      May be he is paying higher rates of insurance premiums because of the added risk. But the fact of him owning numerous other ships he is too valuable an asset to be ignored.........

  • @NewZealandWild
    @NewZealandWild Год назад +58

    I knew a Swedish guy who had once been an Interpol officer. He had a 30 ft yacht that he burned for insurance. Got away with it, but when he later burned a fishing boat as well, he got caught and went to jail.

  • @idk8587
    @idk8587 Год назад +166

    Need more documentaries like this

  • @michaelotieno6524
    @michaelotieno6524 Год назад +93

    Beautifully done. It is one of the few news programs that restores my faith in journalism.

    • @glenturney4750
      @glenturney4750 Год назад

      Just don't consider the liberal media 'REAL' journalism and you'll be o.k. 😁

  • @GlutesEnjoyer
    @GlutesEnjoyer Год назад +223

    What an evil man. At the end of the video he wants the maritime industry to go “it’s not that bad it’s just one bad guy” but it’s not. The maritime industry is absolutely rife with the most vile greedy evil people you can imagine.
    It is literally cutthroat

    • @williamkreth
      @williamkreth Год назад +16

      They're pirates

    • @loco_tom
      @loco_tom Год назад +19

      Corporate criminals, basically.

    • @VEJ2
      @VEJ2 Год назад +1

      @Wall Street Journal FAKE FAKE FAKE

    • @pilotff
      @pilotff Год назад +5

      I think piracy is where the term cutthroat came from.

    • @zelenskythegaynazi8680
      @zelenskythegaynazi8680 Год назад

      All starts from the elites, corporates supported by corrupted Government. It's quite ironic that this honest British was conducting his work with integrity and was murdered and now Britain is doing the same to honest journalist Julian Assage who is being slowly tortured to death in UK prison under orders from US.

  • @PapaDamage
    @PapaDamage Год назад +79

    It is known that greek owners are not shying away from sinking their own ship together with full crew for the insurance money, happened to a friend of mine.

    • @JohnSmith-ze1ft
      @JohnSmith-ze1ft Год назад +1

      How do you think Onassis got started ?

    • @greekboi997
      @greekboi997 Год назад +1

      For which shipping company did your friend work for?

  • @Stu-SB
    @Stu-SB Год назад +33

    That was excellent, I'd never heard of David Mockett or this incident, incisive and well compiled report

  • @sethart22
    @sethart22 Год назад +71

    They should do a movie about this, brilliant story

    • @andrew_koala2974
      @andrew_koala2974 Год назад +2

      Who is ""They"" ?
      Who are They ?

    • @straya4837
      @straya4837 Год назад +6

      @@andrew_koala2974 when you're grown....you'll get it or youlll still be blabbing for NOUGHT.

    • @lizeggar2421
      @lizeggar2421 Год назад +1

      That would be great. Even a mini series for tv. The type of thing that the BBC used to do years ago.

  • @BrianDeCosta
    @BrianDeCosta Год назад +45

    RIP David. Thank you for sharing this story

  • @johnhebenton1525
    @johnhebenton1525 Год назад +102

    This was also covered on BBC Sounds in three 30 minute episodes, The Case of the Brillante Virtuoso. Along with another series, Lost at Seat, looking into disappearances of fisheries observers it makes the maritime industry look like a dangerous lawless place.

    • @glenturney4750
      @glenturney4750 Год назад +2

      Yeah, but this also is very tempting to take an old retired tanker vessel over there to lure their pirates out onto the ocean for them to try to hijack the tanker and when they get close enough to the tanker with their small boats, dump a bunch of rocks over the side into their boats. The rocks would go completely through the bottoms of their boats hulls and sink them leaving them having to swim for miles to get home, or get eaten by sharks. 😁👍

    • @brucejacobson3350
      @brucejacobson3350 Год назад +1

      @@glenturney4750 nothing wrong with saving out of date flares for such an eventuality.

    • @juliusperseus8612
      @juliusperseus8612 Год назад

      Lawless Oceans documentary too...

    • @markpatterson2507
      @markpatterson2507 Год назад

      It has been and will always be.Oceans are tooooo large to police

    • @Myelinchief
      @Myelinchief Год назад

      BBC sounds has some fantastic content

  • @cd5433
    @cd5433 Год назад +13

    Greek shipping owners are known for this. They are the shadiest people on the world because of the culture around shipping and the laws

  • @astrazenica7783
    @astrazenica7783 Год назад +17

    wow some actual journalism, congrats

    • @wadeboggs5163
      @wadeboggs5163 Год назад +1

      I agree, most of these Bloomberg docs have been terrible.This one was exceptional.

  • @markcoupe5748
    @markcoupe5748 Год назад +27

    I am a news watcher and I had never heard of any of this, and I live in the UK. I bet "super" Mario has a bit of trouble trying to get the rest of his fleet covered in the future. As far as it goes it was pretty much doomed to failure - loose lips might sink ships but the loose lips of the people in his employ cost him dear. He should have been made to compensate Mr. Mockett's family for killing him and he should be in jail. Let's just hope nobody messes with the brakes on his toy car.

    • @swarfify
      @swarfify Год назад +4

      Excellent idea. Emagenine living constantly looking over your shoulder and then for the last time. justice. Strikes.

  • @pvdppvdp6638
    @pvdppvdp6638 Год назад +30

    And "Super" Mario (Illiopoulos) has the biggest feet of ferries (Seajets) in the Aegean Sea. Allthough I go island hopping for 6-7 weeks twice a year in the Aegean, I always plan my trips in a way that I avoid having to use a Seajets ferry.

  • @traveel9409
    @traveel9409 Год назад +30

    Well done. I wish journalism could be like this again... make it so!

  • @sea-saw2654
    @sea-saw2654 Год назад +66

    I think you would have to be very naive to believe this kind of behaviour is unusual or even limited to shipping.. corruption and business are the same animal viewed from different ends of the telescope.. and are only divided by the number of zeros in use..

    • @danohimm22
      @danohimm22 Год назад +6

      Agreed... Very well said!!! 👍

    • @kevinkemble3718
      @kevinkemble3718 Год назад +4

      horse racing business comes to mind.

    • @egg-iu3fe
      @egg-iu3fe Год назад

      yeah corruption exists in nearly every level in all places from industry to politics to entertainment. It's crazy how much corruption there is, people would be seriously shocked at the type of stuff you can get away with when you have money and power. It's an incredibly dark world we live in.

    • @karllarsen8797
      @karllarsen8797 Год назад +1

      @@kevinkemble3718
      Would you elaborate a bit more on the corruption in the horse racing business?

  • @jomama5186
    @jomama5186 Год назад +102

    Scary stuff. Sad it cost a man, a Dad, and Grandfather, his life, and no charges were brought against the owner/business man. So what was he killed for? And nobody was punished for that ??? His family has no recourse or any form of justice :( 🧡🙏

    • @andreslopes8129
      @andreslopes8129 Год назад

      Dead people don't talk . Prove it was them who done it . The law is designed to protect those who do the worst

    • @andreslopes8129
      @andreslopes8129 Год назад +2

      Palestine and Iraq have had no justice yet

    • @Tina-mt9cl
      @Tina-mt9cl Год назад

      Globalist politics...what can you do? Justice is a fantasy unexistant in real life.

    • @ganeshkoli7698
      @ganeshkoli7698 11 месяцев назад

      yes mam

  • @1painter4hire
    @1painter4hire Год назад +11

    My buddy's uncle was a commerical fisherman. He had some unbelievable stories.
    I'm starting to think he wasn't bullshiting ......

  • @nate_reatcz
    @nate_reatcz Год назад +3

    This is what journalism looks like. Not taking side, just letting the facts speaks for themselves

  • @kehrin
    @kehrin Год назад +24

    Always a great story when these two journalists are involved 👍

  • @stephenhammond2320
    @stephenhammond2320 Год назад +12

    45 years at sea. it is often said, there are two types of ship owner, those that are "doing time" and those that should be.

  • @rajanmithrau6019
    @rajanmithrau6019 Год назад +17

    More such investigative journalism pls.

  • @LunaSea2013
    @LunaSea2013 Год назад +11

    They should have a look at how many older vessels, near the end of their service life and fully insured, were steaming circles in the Persian Gulf during the Iraq wars looking for sea mines to run into.

  • @guenthermichaels5303
    @guenthermichaels5303 Год назад +9

    You neglected to mention, what happened to the cargo of fuel oil, worth $100 million ? Who owned the cargo? Who chartered the vessel from the Greeks? Was there an insurance claim by cargo owners? Was the ship even loaded with oil? It is not uncommon to make claims for cargo, that is not onboard. Why would the ship owners scuttle a fully laden vessel of oil?
    There is a potential environmental disaster here? A major ship owner would not take on that sort of risk, endangering their reputation in the tanker market.

    • @galaticboom
      @galaticboom 9 месяцев назад

      This vessel sailing Ukraine for China, as an old quote from my country (BR) that say think so; there is "core" in this mush, maybe is why many of those involved certainly preferred not to explain what happened and leave it alone to avoid greater repercussions

  • @SabzKhumalo
    @SabzKhumalo Год назад +15

    Shipping industry is still very much involved in human trafficking as well.

  • @borahangulpnar4404
    @borahangulpnar4404 Год назад +14

    A truly great story, matched with great journalism. Thanks Bloomberg!

  • @LeCharles07
    @LeCharles07 Год назад +7

    "Too difficult to prosecute a case"? Call the SAS.

  • @user-mw1cm1kl3s
    @user-mw1cm1kl3s Год назад +14

    Top quality content should have millions of views 👍👍

  • @netstarr77
    @netstarr77 Год назад +15

    I'd say these insurance companies never pay unless you take them to court .

  • @HusseinDoha
    @HusseinDoha Год назад +2

    Wonderful story, thanks Bloomberg!!

  • @tomwilson5822
    @tomwilson5822 Год назад +2

    Excellent presentation, totally enjoyed it

  • @br88dy
    @br88dy Год назад +7

    Great journalism and a great video

  • @eddylwanga6332
    @eddylwanga6332 Год назад +10

    Very impressive piece of investigative journalism 👌 👍

  • @boriss.861
    @boriss.861 Год назад +4

    Well researched Documentary. David Mockett's family must feel so much hurt.

  • @mattcoleman6780
    @mattcoleman6780 Год назад +4

    Amazing video as always.

  • @virgorising7388
    @virgorising7388 Год назад +8

    It's called The Outlaw Sea, A World of Freedom, Chaos, and Crime by William Langewiesche and I'm sure others have written on the subject too. Greek shippers wield a huge amount of power in Greece in the government.

  • @torrokasparov2210
    @torrokasparov2210 Год назад +98

    Incredibly interesting story, one can well imagine that a lot more things of that nature happen on the high seas. Cruise ships have also had some unsolved missing persons mysteries.

    • @JTA1961
      @JTA1961 Год назад +5

      Same thing with fishing boats... our landlord ( admittedly a piece of "work") in Japan mysteriously didn't make it back one trip.

    • @headaqe1708
      @headaqe1708 Год назад +3

      Most cruise ship missing persons are from jumpers that no one saw jump

    • @112chapters3
      @112chapters3 Год назад +2

      There’s vids online of people getting shot in water, not Somalia style. A fair few nationalities, Burmese mayyybe, Myanmar area of people. Nuts, they weren’t pirates, more merchant navy but (highly doubtful of their accreditations).
      Mental

    • @highvibe4839
      @highvibe4839 Год назад +1

      @@headaqe1708 two of those from Australia a few years ago..a young married couple, complete mystery!!

    • @jpmorganrunsthegame1064
      @jpmorganrunsthegame1064 Год назад

      @@JTA1961 Titanic

  • @akadad1950
    @akadad1950 Год назад +12

    Thanks for the very well done and enlightening film!

  • @xiscozapatero1914
    @xiscozapatero1914 Год назад

    I really enjoyed learning about this murky world. Thankyou guys, well presenred✌🏻

  • @MrWaheedulHaque
    @MrWaheedulHaque Год назад +15

    Killed a man over a insurance fraud discusting

  • @koiyujo1543
    @koiyujo1543 Год назад +42

    Such a horrible thing that happened from these people who did this.

  • @mickkelly8959
    @mickkelly8959 Год назад +2

    Top notch journalism 🇬🇧

  • @gustavsmit23
    @gustavsmit23 Год назад +9

    Great documentary!!

  • @pierheadjump
    @pierheadjump Год назад +21

    ⚓️ Thanks Kit Matt 😎 this is just the tip of the berg, additionally the cargo had probably been sold & seawater substituted. Small boat ops… as in the oil industry tugs barges all sorts of smuggling & trafficking occurs.

    • @seandelaney1700
      @seandelaney1700 Год назад

      Yes, I speculated on that as well, wish they had reported on it. The oil is a seperate policy but I don't know who buys the policy, who owns it while in transit. It would make sense that the shipper needs to insure it?

  • @jokkey05
    @jokkey05 Год назад +13

    Amazing things happen in maritime business. I worked in related business for 10 years and very strange things happen......and no one looks !

    • @galaticboom
      @galaticboom 9 месяцев назад

      True, this is a bilionary "invisible" industry!!!

  • @NYC.MD1
    @NYC.MD1 Год назад +12

    After my experience working as anesthesiologist, I was taught that the surgeon was totally in charge. First off, I was reminded that the patients are not mine and if the patient dies, everything was my fault. Ask any MD “biggest mistake in my life “.

    • @djosearth3618
      @djosearth3618 Год назад

      that's horrible because i know of people going for surgery with almost certainly peak addiction levels of opioids (and the related 'cuts' found in such street supplies) eg: large qty of 'benzos' or the like

  • @parth1210
    @parth1210 Год назад +17

    This is literally a ready movie script.

  • @scottieeasley4907
    @scottieeasley4907 Год назад +2

    This is exactly why I get upset when I hear police talk about war on drugs. America has a 100 billion dollar market a thirst for drugs so there will be drugs be drugs it's that simple.
    We need to focus on markets that shouldn't exist like human trafficking Or fraud

  • @zerofox7347
    @zerofox7347 Год назад +6

    David Lockets family must be totally devastated. He was not only murdered but totally abandoned by the UK and Lloyds by the sound of it.

  • @danohimm22
    @danohimm22 Год назад +3

    Agreed... Very well said!!! 👍

  • @osublows17
    @osublows17 Год назад

    I've been watching storyline for the past 3 hours. These are amazing investigative journalism stories

  • @wkgurr
    @wkgurr Год назад +27

    Remember the "Lukona" and Proksch? In terms of lives sacrificed in order to commit insurance fraud on the high seas Proksch did quite well too. But at least Proksch got what he deserved for his crimes thanks to a persistent investigative judge. What's funny is that Proksch and this shipowner Iliopoulos guy share a certain similarity in their facial features.

    • @robertjohnston8690
      @robertjohnston8690 Год назад

      The Titanic was not sunk it was the sister ship the Olympic they changed the name on dry dock after she got damaged by a British war ship. They had no insurance on the Olympic so they sunk it after renaming it the Titanic. If you look at all the details none of the captains moves made sense and their was a ship waiting with blankets right where it sunk after the explosions.

  • @gilbertfranklin1537
    @gilbertfranklin1537 Год назад +7

    Boy, that Greek shipowner was a real sweetheart... 🙄

    • @Genius_at_Work
      @Genius_at_Work Год назад +1

      Typical Creek Shipowner. They are known for very scummy Business Practice. E.g. do the Crews wait Months for their Salary, if they get paid at all, get spoiled Food or even no Food at all (aka they must catch their own Food) and the Ships generally are dangerous Rustbuckets.

  • @jokesonyou1373
    @jokesonyou1373 Год назад +1

    Great docu. I was transfixed throughout. 5 stars

  • @JARRAE_DIEZ
    @JARRAE_DIEZ Год назад +15

    They didn’t say anything about the crew

    • @Leadfoot_P71
      @Leadfoot_P71 Год назад +6

      They had a scare but were ok in the end. One of them was probably involved but was never charged or anything.

    • @claire2470
      @claire2470 Год назад

      ...yeah. . .
      interrogations or some questioning maybe. . .
      the moment they mentioned the 2 Filipino crew. . .it did interest me because I am a Filipino...

  • @germancamacho3944
    @germancamacho3944 Год назад +23

    Is beyond believe that small group of pirates take over a gigantic tanker ,when they could be blown off the water, something just don’t make sense with a cargo so big I would think more security is needed to secure the ship

    • @nobodyspecial4702
      @nobodyspecial4702 Год назад +18

      Back in the early 2010's, insurers didn't want to pay for security and instead relied on the naval vessels of European and the US to patrol the area as a deterrent. They got over that pretty quick when they realized how much they were paying in ransom compared to the costs for a couple armed guards on each ship since the navies of the world weren't permitted to actually use force to prevent pirate attacks. Once they started to demand armed security be present on ships traveling around that region, the piracy threat decreased rapidly as the pirates learned that being on a small skiff in the middle of the ocean means you don't have much chance of survival when the ship you're trying to capture suddenly opens fire with machine guns.

    • @medea27
      @medea27 Год назад +8

      Keep in mind that your average cargo ship's crew is pretty small compared with size of the ship.... this tanker was the length of three football fields with multiple levels of corridors & rooms throughout. So it's not so easy to secure & defend all that space with a handful of crew, none of whom are trained in defence & often unable to legally carry a firearm onboard. Pirates would simply climb onboard as far away from the bridge as possible & brandish their weapons knowing the crew had none. Shipping companies don't want to pay for any more crew than they need, so as long as piracy wasn't costing them more than hiring security (and they could rely on navies to patrol the waters), security wasn't a priority.

    • @seandelaney1700
      @seandelaney1700 Год назад +4

      I think they also were concerned about liability for fighting back, because they seemed pretty slow to do so, I think even after getting armed guards.

    • @kianh1903
      @kianh1903 Год назад

      @@nobodyspecial4702 Asian navy too, ie PLAN & such. Of course, most Western media conveniently blur that out .

    • @Tom-nd1fs
      @Tom-nd1fs Год назад +4

      @@seandelaney1700 what liability? Nobody's gonna care about a bunch of deceased pirates.

  • @moondoggy2559
    @moondoggy2559 Год назад +1

    Nice job reporting

  • @scottieskatan4219
    @scottieskatan4219 10 дней назад

    Very enjoyable indeed and well explained to, top stuff cobba.. ...

  • @nathanngumi8467
    @nathanngumi8467 Год назад +25

    Very unfortunate for David Mockett...

  • @jeremihjnr6517
    @jeremihjnr6517 Год назад

    Crazy world. Superb investigation

  • @chrissnape9537
    @chrissnape9537 Год назад +1

    I love programs like this !!!!!

  • @galaticboom
    @galaticboom 9 месяцев назад

    Wonderful job from Bloomberg...very scarce news about this topic...belive this is unique!!!

  • @2GringosOnTheGulf
    @2GringosOnTheGulf Год назад +9

    2 Canadians 🇨🇦 living in Mexico Yucatan Peninsula praying for humanity 🙏🥰

    • @norml.hugh-mann
      @norml.hugh-mann Год назад

      Praying is literally the least thing anyone can do

  • @MickeyMishra
    @MickeyMishra Год назад +2

    What? Corruption? I' am SHOOOKED

  • @stefanschneider3681
    @stefanschneider3681 Год назад +6

    Very interesting story of a world that I have no clue of - and after watching this never ever want to get into …

  • @tmoeees3473
    @tmoeees3473 Год назад +2

    that comment of the seamens to him, he should be with his grandchildren, not there...
    that must be enough to be in a plot of murdering, if something happens after this threatening manner...
    Thanks for brining this up

  • @Alan_Wot...
    @Alan_Wot... Год назад

    great docu thanks for telling it

  • @sixtyonenine
    @sixtyonenine Год назад +2

    Reminds me of the movie “captain Phillips”….. this story is so interesting . RUclips brings real news that I would have never heard about !

  • @ClickLikeAndSubscribe
    @ClickLikeAndSubscribe Год назад +5

    Excellent video!! A whole different level of storytelling and production vis a vis those clickbait videos with somehow ten times the views. Testament to what Google is doing to people.

  • @doctor02new
    @doctor02new Год назад +2

    Hire guys with big guns to protect the cargo. How difficult is it to resolve this?

    • @MiguelRodriguez-ok9rb
      @MiguelRodriguez-ok9rb Год назад +1

      That what I say too why would big ship go out to sea with out some kind of protection they need to carry some kind of weapon on board and use it

    • @TheBlackfall234
      @TheBlackfall234 Год назад +1

      You really dont realise that they want it like this ?

  • @qparsh
    @qparsh Год назад +12

    not the first and definetely not the last owner from that country, sorting out his finansials in such a manner. They are famous with their faked disasters in a industry.

  • @firstjohn26
    @firstjohn26 10 месяцев назад +1

    Great show. I'd like to learn more about the financials, though. Perhaps he knew the insurance claim would be mired in years of litigation, prompting a mortgage write-off.
    But questions remain...
    Did the ship really have no equity?
    Why not sell a perfectly functional boat?
    Useful life? Do boats effectively "wear out"? As long as the hull does not rust through, don't you keep rebuilding the diesel engine and carry on?
    Was the game to collect 80ish million AFTER the bank had given up on the debt and pocket what would have paid off the first lien in addition to assumed equity?

  • @willbrink
    @willbrink Год назад +9

    Tangential: The shipping companies simply made a $ calculation and decided the lives of those on the boats of less value than paying ransom for which they had insurance for vs security. Once it started to get too costly and started to get too much attention from media etc, did they do anything about it and hire security details for those ships. I knew several guys who did that work who put .50 cal bullets into a few pirate boats to let them know this ship was not interested in paying ransom and would end you if you attempted to take the ship. Pirates turned and ran like cowards each time, it got around the ships were now regularly armed, and along with various governments sending ships to protect the shipping lanes and such, the pirate problem dried up. Greed per usual, why it existed in the first place.

  • @arj6951
    @arj6951 Год назад +14

    The last part should have been the first, i.e., "the ship was at the end of it's commercial life" explains it all. Any Greek (particularly if he is from Cyprus) can figure out the rest. I bet all the Philipino crew members are awaiting a call from Iliopoulos for their next employment.

  • @louisebrown2887
    @louisebrown2887 Год назад

    Very interesting great journalism

  • @TimDickinson1
    @TimDickinson1 Год назад +4

    Brillant documentary! I hadn't come across the term "security detail" before, but I like it. Is there any maritime authority that regulates the size and power of such "security detail" the ship owner or charterer decides to have on board these days?

    • @henryobiora3083
      @henryobiora3083 Год назад +1

      Some refer to "Security Details" as "Escort", It is usually contracted to the Navy or Private security companies, i'm not sure there's any regulating body.

    • @TimDickinson1
      @TimDickinson1 Год назад +1

      Yes, the term “escort” is clearer. Thanks Henry.

  • @PauloSantos-cj2zy
    @PauloSantos-cj2zy 20 дней назад

    Excelente documentário! Parabéns pela oportunidade de conhecer a realidade daqueles que precisam trabalhar no mar pra sustentar seus familiares.

  • @centurionguards3819
    @centurionguards3819 Год назад +7

    The love of money is the root of all kinds of evils.

  • @Watchugoton
    @Watchugoton Год назад +2

    Truth always stranger than fiction.
    👍🏻🏴󠁧󠁢󠁷󠁬󠁳󠁿

  • @DanielHardej
    @DanielHardej Год назад +13

    This could legitimately be made into a movie

    • @alanhat5252
      @alanhat5252 Год назад

      there are many many books with very similar stories, some fact some fiction.

  • @PaganWizard
    @PaganWizard Год назад +57

    Our world is a very dark, and disturbing place, and most people have no idea, really, how bad it can be. It's a terrifying shame that, this man had to lose his life in the name of money. On a side note, at the 14:00 mark, doesn't this ship's owner look like Frank Fritz from the TV show American Pickers???

    • @glenturney4750
      @glenturney4750 Год назад

      A bit, yeah.

    • @112chapters3
      @112chapters3 Год назад

      There are things that you know, things that you don’t, and there are things that you don’t even know you don’t know.

    • @PaganWizard
      @PaganWizard Год назад +3

      @@112chapters3 And there are things that you know, that you wish you did not know.

    • @112chapters3
      @112chapters3 Год назад +1

      @@PaganWizard ha, my guy, ha there certainly is
      Edit : who told you?

    • @PaganWizard
      @PaganWizard Год назад

      @@112chapters3 Trust me, you don't want to know.

  • @CalCalCal6996
    @CalCalCal6996 Год назад +7

    So my question is: who is ever going to insure anything this man touches ever again?

    • @senanur1983
      @senanur1983 Год назад +2

      Same Llyods bank. The premiums are millions per year they will never let those go to another insurer. It will be swept under the carpet and it’s all business as usual.

  • @450ktm520
    @450ktm520 Год назад +3

    Gawd, this is one industry. Everything from politics to private business has corruption.
    The more people want something cheap, plentiful... the more an underworld will thrive.

  • @waverly2468
    @waverly2468 Год назад +2

    Wow, that's a lot of cargo. A typical Target sells $50 million worth of stuff in a year, or around $1 million a week.

  • @TangoBinAlsheed
    @TangoBinAlsheed Год назад +3

    "Look at me. I am the Captain Now"

  • @greyhorse1211
    @greyhorse1211 Год назад +1

    The journo didn’t even explain what happened to the million bbl crude cargo???? Was it pumped off or what?? A glaring omission frankly.

  • @Haru-nee
    @Haru-nee Год назад +8

    18:15. Notice how everything being said about the ship owner could also be true about the insurance company

  • @nickthequick
    @nickthequick Год назад +5

    Fishy that the bank decided not to try and collect the debt.

  • @veramae4098
    @veramae4098 Год назад +1

    The situation near Somalia and the pirates has been terribly distorted.
    These men were fishermen. Then Chinese fishing boats came in and using drag nets repeatedly for maximum catch DESTROYED the fishing grounds. They may not recover for hundreds of years.
    Being in a near perpetual state of war the Somali gov't was unable to defend it's territorial waters. Warlords, clans, tribes, gangs, everyone against everyone and starvation rampant as drought destroyed crops.
    Then waste disposal companies came along and dumped European trash into the waters instead of properly disposing of it.
    Then more companies this time dumping RADIOACTIVE trash.
    The Somali's appealed to the international community for help with no luck.
    So the fishermen have turned to piracy.
    It would have been far cheaper and easier for the international community to have protected the fishing grounds than letting this problem develop. Not doubt financial advisors told their country's leaders helping was a bad idea.
    Disgusting at all levels.
    Oh, and the former fishermen are spending most of their money on drugs.

  • @MrJoegotbored
    @MrJoegotbored Год назад +3

    What a wild story.

  • @elsebethlind1076
    @elsebethlind1076 Год назад +5

    I worked on cargo ships and oil tankers as a stewardess{in Scandinavian ships} This was prior to Somalian pirates. It was interesting to arrive at a new place constantly. Thieves tried to get on board now and then in the Malacca straight. They just stole the steward's Swedish winter uniforms.

  • @HopeOfJoe
    @HopeOfJoe Год назад +3

    Fabulous report ‼️ Totally sad no one was brought to trial for the fire and the fraud. Boooooo to the bank that wrote of the loan debt.

    • @shrirangtambe4360
      @shrirangtambe4360 Год назад

      Ship owner must have got loan from the bank working hand in gloves with bank employees, offering them handsome rewards.
      So in the end, only bank desositers in the end lose money. It's always the common people who pay the price.

  • @danl5592
    @danl5592 Год назад

    Great story 👌