 Christoffer Valkendorff's plan of upholding a trade monopoly on the Faroese vanished in thin air.The Faroese now would send all goods that were produced in the Faroe Islands on ships owned by Magnus Heinason, and all goods needed on the Islands (timber, beer, wheat and the like) would be brought by Magnus’ fleet.In the summer of 1579 Tórshavn was raided by a Scottish pirate named Klerck.