Connect with us

Hi, what are you looking for?

Latest News

‘Narco sub’ bound for Australia seized in massive international operation that netted 1,400 metric tons of drugs

Six so-called “narco subs” stuffed with cocaine were captured in a Colombian-led international anti-drug operation, authorities in the Latin American nation said Wednesday, as part of a huge global bust.

The mission, involving 62 countries, seized more than 1,400 metric tons of drugs – mostly marijuana – between October 1 and November 14, according to Vice Adm. Orlando Enrique Grisales, chief of naval operations staff for the Colombian Navy.

Among the haul was 225 metric tons of cocaine, 5 tons of which was found aboard a semi-submersible vessel plying a marine trafficking route from Colombia to Australia, he said.

The vessel, intercepted in Pacific waters with enough fuel to reach Australia, is the third such “narco sub” intercepted on the route, Grisales told reporters.

“The first was discovered in Colombian waters, and thanks to the maps it carried, we identified the route. That’s when we began working with Australian authorities,” he added.

Australian police have warned in recent years that international drugs cartels are increasingly targeting the country, where a surge in cocaine use combined with some of the highest street prices in the world has fueled a lucrative illicit market.

It’s not the first time “narco subs” have been seized by authorities. Traffickers started using the vessels in the late 1990s as Colombian cartels looked for ways to evade US law enforcement patrols in the Caribbean Sea to transport their illegal cargo into the United States.

The 225-ton seizure of cocaine is a huge haul. In a report this year, the UN Office on Drugs and Crime estimated that in 2022, global cocaine production reached 2,700 tons, a record high.

This post appeared first on cnn.com

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Stock

    Union members at Ford, Stellantis and General Motors have ratified a new 4½-year contract, locking in at 11% pay increases secured after a six-week...

    Investing

    ASX-listed Antilles Gold (ASX:AAU, OTCQB:ANTMF) is an Australian mining company focused on gold and copper projects in Cuba through joint ventures with the Cuban...

    Latest News

    A man accused of murdering his girlfriend in Boston before fleeing to Kenya has been re-arrested following his escape from a police station in...

    Latest News

    Five people have died and 49 are unaccounted for after a multi-story building collapsed Monday afternoon in the South African city of George, officials...

    Disclaimer: Nationalfinancialnews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 nationalfinancialnews.com