The vessel carrying at least €157 million worth of cocaine that was seized on Wednesday by Irish authorities came under new ownership in August, according to vessel registration documentation, with its new owner a one-ship company formed in the Marshall Islands in July. Matthew Maritime took ownership of the Panama-flagged MV Matthew on August 10, according to the public vessel information database Equasis, about a month after it registered as a company in the Marshall Islands, on July 7. The maritime intelligence service MarineTraffic estimates the value of the vessel as €8.8 million. The company’s incorporation address is the Trust…
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