J.P.Morgan Container Ship Seized With 20 Tons of Cocaine Released by U.S

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...

http://mfame.guru/container-ship-with-20-tons-of-cocaine-released-by-u-s/

MSC statement on Philadelphia drugs seizure

MSC statement:

This is an update following the recent law enforcement drug trafficking operation on MSC Gayane in Philadelphia.

As a result of that operation, MSC Gayane has been under U.S. government control since 17 June while the authorities conduct investigations. MSC is assisting and cooperating in any possible way with the authorities and is not the target of the investigation.

How does this affect cargo on this voyage?

MSC Gayane was en route to northern Europe at the time of the incident,...

https://container-news.com/msc-statement-on-philadelphia-drugs-seizure/

US authorities seize MSC Gayane and warn about possible forfeiture

U.S. Customs and Border Protection’s (CBP) Area Port of Philadelphia seized the MSC Gayane Thursday following a record seizure of 20 tons of cocaine on June 17.

Upon application from the U.S. Attorney’s Office for the Eastern District of Pennsylvania, the United States District Court for the Eastern District of Pennsylvania issued a seizure warrant for the vessel.

On Thursday, July 4, CBP executed the warrant and seized the MSC Gayane. CBP has various seizure and forfeiture authorities under...

https://container-news.com/us-authorities-seize-msc-gayane-and-warn-about-possible-forfeiture/

Huge drugs seizure in Philadeplhia from MSC vessel – Crew members arrested

Investigators believe the ship was loaded with drugs after it left its last port of call in the Bahamas. Two crew members have been arrested.

Federal authorities seized 15,000 kilos of cocaine, worth as much as $1 billion, at a Philadelphia shipping port, officials said Tuesday. A second mate and a crew member have been arrested in the massive bust.

There were 16.5 tons of the drug found in seven shipping containers late Monday night, officials said.

“This is one of the largest drug seizures in...

https://container-news.com/drugs-seizure-philadeplhia-msc-vessel-crew-members-arrested/