February 04: Cook Islands Cocaine Ship Sparks Pacific Shipping Risk

February 04: Cook Islands Cocaine Ship Sparks Pacific Shipping Risk

The Cook Islands cocaine ship case is now shaping risk across Pacific shipping lanes. French authorities seized and dumped 4.87 tonnes of cocaine from the MV Raider, then released the vessel, which remains in Rarotonga under tight restrictions for repairs. For US investors, this highlights pressure points: insurance premiums, compliance on open registries, and higher port security costs. We see near‑term impacts on routing, inspections, and margins for carriers, freight forwarders, and importers tied to Pacific trade flows.

Continue Reading on Meyka

This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.

Read Full Article →

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *