A COURT HAS ordered that the State can dispose of the cargo ship alleged to have been used in one of the largest drugs’ hauls in Irish history – which has been costing €100,000 per week to maintain.

The State has been paying €100,000 every week since the MV Matthew was seized in dramatic fashion when the specialist wing of the Irish Defence Forces, the Army Rangers, stormed it in September 2023.

Working with customs agents, they seized 2.2 tonnes of cocaine, worth an estimated €157 million. Eight men are due to go on trial next year at the Special Criminal Court charged in relation to the haul.

The berthing of the alleged drug trafficking ship in Cork had cost the state €4.4 million in the space of 11 months, The Journal reported earlier this year. 

The presence of the detained bulk carrier in Cork Harbour has also caused significant problems for the Port of Cork Company (POCC) which has told Revenue that it is causing “operational problems”.

John Berry SC, for the State, previously told the court that the ship was formally forfeit to the State on November 19, 2023. The State had maintained the ship to allow access for the defence legal teams.

At a hearing today, Mr Justice Kerida Naidoo ordered that the State is no longer obliged to make the ship available for inspection.

The judge put a stay of two weeks on the order but has allowed the State to “put into train” the process of disposal immediately.

None of the defence teams objected to the order but they will have an opportunity to raise any issues when the matter is mentioned before the court again next Monday.

Mr Berry said the process of disposal is likely to take more than one month.

Includes reporting by Niall O’Connor