The MV Matthew, a Panamanian-registered bulk carrier, was seized in a joint Revenue, Naval Service, Army Ranger and Garda operation off the south coast in September 2023. On board was 2,253 kilograms of cocaine, worth an estimated €157 million, amounting to the largest drugs seizure in Irish history. Mr Cody told the committee disposal of the vessel is a key priority for Revenue. The MV Matthew has been berthed in Co Cork since it was seized in September 2023. [ No firm timeline for sale of drug-smuggling ship costing €110,000 per week to detainOpens in new window ]

Source: The Irish Times December 11, 2025 18:51 UTC