Posted on 07/09/2019 5:00:58 PM PDT by ameribbean expat
The MSC Gayane, which is owned by J.P. Morgan Asset Management and chartered to MSC, the world’s second-biggest container ship operator by capacity, is “subject to possible forfeiture,” U.S. Attorney William McSwain said in a statement. Built in 2018, the ship has capacity for around 10,000 containers and is worth about $90 million. It is anchored at the Delaware River near the Philadelphia port and is expected to stay there for an extended period, according to people involved in the matter.
(Excerpt) Read more at wsj.com ...
$90m ship hauling $1.3b worth of coke. Pretty good ROI.
No, small change to Jamie
The people cryin have offices at Lloyd of London who wrote the marine insurance for the cargo in the 10,000 containers That is now evidence forever
The actual owners of the ship are the institutional investors who had JP Morgan Asset Management invest their money in ship and airplane leasebacks. However, they’re probably covered by insurance.
Probably used to be 2 billion worth of coke.
the actual owner is mitch mcconnell and fam
Release the ship to it’s owners in exchange for 45 million worth of wall sections.
“The people cryin have offices at Lloyd of London who wrote the marine insurance for the cargo in the 10,000 containers That is now evidence forever”
LOL! Try reading the article before posting!
It is more likely that the CIA is involved than the owners of the ship. How would the ship's owners have any control over the contents of 10,000 shipping containers.
20 TONS of coke
Better question might be. How much does a nuke weigh
Moar cash for the Wall
That ship is GONE.
I’m sure they have hard records of at around 1 billion in coke. Fairly safe to say there’s 1 billion in coke.
Especially with repeated usage.
Coupl'a tons, tops.
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