Seized cocaine bulker changes hands for $1

Irish authorities have sold the ship at the centre of the country’s largest cocaine seizure for a token $1 after spending around €17m ($19.4m) securing and maintaining the vessel in Cork. An unnamed international shipping company has taken over the 2001-built supramax bulker Matthew. The 50,913 dwt Panama-flagged ship has left the Port of Cork … Read full article →