US law fights submarine-like boats hauling cocaine

By FRANK BAJAK – 22 hours ago

“The vessels, hand-crafted in coastal jungle camps from fiberglass and wood, have become the conveyance of choice for large loads, humping nearly a third of U.S.-bound cocaine northward through the Pacific, said Coast Guard Rear Adm. Joseph Nimmich, commander of the Joint Interagency Task Force-South based in Key West, Fla.

With cocaine in Mexico fetching $6,500 per kilo — about triple the Colombian price, according to the U.S. Drug Enforcement Administration — an average 7-metric-ton load yields $30 million.”

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