According to an article published in The Wall Street Journal, U.S. authorities have released a container ship that was seized with 20 tons of cocaine in Philadelphia.
What happened?The vessel was released after the operator posted a $50 million bond, including $10 million in cash, but said they still plan to consider seeking forfeiture of the vessel.
The release of the MSC Gayane, owned by J.P. Morgan Asset Management and chartered to Mediterranean Shipping Co., means the ship can resume...
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