Friday, 19 July 2019 11:05

MSC Gayane released

569 MSC Gayane


US Federal authorities have released the MSC Gayane, the cargo ship involved in last month’s 20-ton cocaine seizure at the Port of Philadelphia, but said they are still considering pursuing civil or criminal forfeiture of the ship. For now, the ship has returned to commercial service and is on route to the Netherlands. Under the terms release, MSC posted a $10 million security deposit and $40 million surety bond. The firm has also agreed to submit to the jurisdiction of U.S. courts while the Justice Department’s investigation continues.



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