High Court Justice Nigel Teare has ruled in favour of a consortium of war risk underwriters against a $77m claim for the loss of a suezmax tanker in an alleged piracy attack dating back to July 2011.

But the owner of the 150,000-dwt suezmax tanker Brillante Virtuoso (built 1992) has said that it is weighing its options over what it described as a disappointing decision.