How shipping giant MSC reacted to billion-dollar cocaine bust
Mediterranean Shipping Company (MSC) which recently surpassed Maersk to become the world’s largest ocean carrier confirmed it “suffered significant financial and reputational damage” from the record-breaking drug bust aboard its ship, the MSC Gayane, in 2019.
MSC detailed the extent of the consequences in a newly filed court document consequences that include over $100 million in additional security costs. “The company and everyone in it are victims,” MSC wrote in a letter to U.S. District Court Judge Harvey Bartle III.
Stranger than fiction
The MSC Gayane drug-smuggling case calls to mind a quote from Mark Twain: “Truth is stranger than fiction.”