Friday, 12 July 2019 09:14

US authorities say they may not return MSC Gayane after $1.3bn drug bust

568 MSC Gayane

 

Authorities have indicated that the MSC Gayane may be “subject to possible forfeiture.” While the seizure of a vessel this large is unprecedented, the US has also deemed the circumstances as unprecedented, and they are within their legal rights to seize the ship. The MSC Gayane is owned by JP Morgan Chase and is worth approximately $84.24m. This bust marked the third MSC ship busted for carrying cocaine in US ports this year, the CBP has temporarily suspended MSC’s Customs Trade Partnership (C-TPAT) certification, meaning US authorities for the time being do not assess the carrier as ‘low-risk’ so more scrutiny of its shipments can be expected in the coming weeks.

 

 

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