Tag Archives: William McSwain

PortandTerminal.com, July 16, 2019 U.S. authorities have released MSC Gayane, the ship caught with USD 1 billion worth of cocaine in Philadelphia, after a USD 50 million bond was posted. PHILADELPHIA – USD 10 million in cash and a USD 40 million surety bond were paid by vessel owner J.P. Morgan and operator Mediterranean Shipping Company, less than a month after authorities …

PortandTerminal.com, July 9, 2019 “A seizure of a vessel this massive is complicated and unprecedented — but it is appropriate because the circumstances here are also unprecedented. We found nearly 20 tons of cocaine hidden on this ship,”  PHILADELPHIA – U.S. Customs authorities have seized a cargo ship where agents discovered nearly 40,000 pounds, or almost 18,000 kilograms, of cocaine …