Federal agents seized more than 15,000 kilos of cocaine from seven shipping containers at a South Philadelphia port Tuesday, according to NBC10.
The drugs were found aboard the cargo ship MSC Gayane, which had traveled from Chile, Panama and the Bahamas, according to the channel. Investigators believe the drugs were loaded after the ship left its last port of call in the Bahamas.
Agents made the seizure at the Packer Avenue Marine Terminal Port on the Delaware River, according to NBC10, citing state, local and federal law enforcement. The street value of the drugs is estimated at between $350 million and $750 million, or $25,000 to $50,000 per kilo.
The site of the seizure is the largest on the river and has a capacity to unload 14,000 20-foot containers from incoming ships, according to NBC10.
"Homeland Security Investigations and Customs and Border Protection are leading a multi-agency inspection of shipping containers aboard a merchant ship at the Port of Philadelphia," Immigration and Customs Enforcement said in a statement, according to NBC.
"We will release additional details when it is appropriate to do so,” the agency added.
The bust follows the March seizure of about $38 million worth of cocaine at the Port of Philadelphia.
Customs and Border Protection did not immediately respond to a request for comment from The Hill.