16 tons of cocaine seized by feds at Philadelphia port

Over 16 tons of cocaine seized at Delaware River shipping terminal in Philly could be largest drug bust is U.S. history

Massive haul of cocaine worth $1 billion seized at Philadelphia port

Officials say seven containers on the cargo ship were carrying the drugs.

Patrick Trainor, a spokesman for the U.S. Drug Enforcement Administration in Philadelphia, said that based on current prices in the area, the street value of the haul is around $525 million to well over $1 billion.

Cocaine was seized at the Packer Marine port. USA authorities have seized more than $1 billion worth of cocaine from a ship, reportedly the Gayane, at a Philadelphia port. A spokesperson for U.S. Attorney William McSwain told the Inquirer the ship arrived in Philly after stopping in Chile, Panama and the Bahamas. Several members of the crew onboard have been charged according to the U.S. Attorney's office.

The investigation is ongoing, said a tweet from US Attorney's Office for the Eastern District of Pennsylvania.

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A criminal complaint filed in the Eastern District of Pennsylvania on Tuesday named two defendants, Ivan Durasevic and Fonofaavae Tiasaga, the ship's second mate and a crew member, respectively.

It is unclear whether the drugs seized on Tuesday were intended for the US or Europe, where the ship was ultimately bound.

It is believed that the ship might have been loaded with the narcotics cargo in the Bahamas, NBC News reported, citing a senior law enforcement official.

MSC ships were recently the subject of a bust in Philadelphia.

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Until now, traffickers didn't bother themselves with crews cooperation, they've been shipping cocaine in containers without crews, or ship's management, or ship's agents, involvement.

The unsafe combination of cocaine with the powerful opioid fentanyl into a modern-day speedball is also creating soaring new demand.

Tuesday's seizure did not set a US record.

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