Markets in Everything: Vessel Repossession

"Max Hardberger (pictured above) is a 62-year-old adventurer from Louisiana who specialises in stealing back ships that have been fraudulently seized in corrupt ports, mostly in Latin America and the Caribbean. 

He describes himself as a 'vessel repossession specialist’, a kind of maritime repo man who ghosts into tropical hellhole ports, outwits the guards and authorities, and ghosts out again with a 5,000- or 10,000-ton cargo ship, usually under cover of darkness and preferably during a heavy rainstorm.

For his clients he is a godsend, well worth the $100,000-plus that he charges to retrieve a ship. To foreign port authorities, judges, coastguards, naval commanders and government officials, he is a flagrant and notorious law-breaker, and if they ever manage to catch him at it, he can expect a long sentence in a vile prison."