Bloomberg is out with a new video today following up on a controversial article published last week on how cocaine-smuggling gangs infiltrated the world’s largest shipping company, MSC Mediterranean Shipping Company.
The story centers on the record-setting cocaine bust on board the MSC Gayane in 2019 at the Port of Philadelphia, during which U.S. authorities seized nearly 18 metric tons of cocaine valued at over $1 billion, and how it “kicked off a fight between the US and the world’s largest shipping carrier over drug trafficking.”
MSC has disputed those allegations, as gCaptain reported earlier this week, saying the article mainly rehashes what’s already been publicly reported on the case.
“Most of the elements in the Bloomberg story have already been publicly reported during the 3 ½ years since the Gayane incident and MSC’s Victim Impact Statement related to the incident is filed in court,” MSC said in its statement.
“MSC strongly objects to Bloomberg’s headline claim that the subversion of a small number of seafarers from Montenegro, in what remain very specific circumstances, amounts to the ‘company’ being ‘infiltrated’ by a drugs cartel,” the statement adds. You can read MSC full statement here.
Bloomberg introduces the video by saying: “On this episode of Bloomberg Storylines, we explain how a little-known drug cartel operating out of the Balkans has, according to US prosecutors, infiltrated crews for Mediterranean Shipping Co., using its massive container ships to send illicit drugs all over the globe.
We’ll let you be the judge. Here’s Bloomberg’s video:
The Panama Canal Authority (ACP) is closely monitoring the development of climatic events that could impact water availability in the region and shipping through the critical waterway. Experts anticipate the...
By Laura Curtis and Jordan Fabian (Bloomberg) — Intermittent disruptions at several key US West Coast ports are set to stretch into their fifth day Tuesday amid ongoing labor-contracts negotiations. Pacific Container Terminals...
One of the maritime industry’s most highly-anticipated trade shows, Nor-Shipping 2023, officially kicked off Monday with a series of high-profile events in Oslo, Norway. Nor-Shipping 2023 kicked off Monday with...
19 hours ago
Total Views: 941
Sign Up Now for gCaptain Daily
Just enter your email and get hot news every morning
Let gCaptain be your compass for maritime news
The news that you need delivered every morning.
Sign Up Now for gCaptain Daily
We’ve got your daily industry news related to the global maritime and offshore industries.
OUT AT SEA?
We’ve got you covered with trusted maritime and offshore news from wherever you are.
OUT AT SEA?
We’ve got you covered with trusted maritime and offshore news from wherever you are.
We use cookies on our website to give you the most relevant experience. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
{"Tags":["drug smuggling","MSC","msc gayane"],"Categories":["Shipping","Video"],"Excerpt":"Bloomberg is out with a new video today following up on a controversial article published last week on how cocaine-smuggling gangs infiltrated the world’s largest shipping company, MSC Mediterranean Shipping..."}