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She don’t lie: How cocaine sums up the supply chain crisis

She don’t lie: How cocaine sums up the supply chain crisis

The pandemic has left no corner of the world’s economy - legal and illegal - untouched.

In August last year, Christopher Preca, an out-of-work crane operator from the Blue Mountains, and Jackson Giles-Adams, a welder from Bowral, set off from the NSW coast in an ageing, 16-metre trawler to collect a few tonnes of cocaine.

Preca, then 32, had lost his job when the pandemic struck and fell into a debt spiral to fuel his drug use, owing money to figures in Sydney’s underworld. He and Giles-Adams, 27, navigated the 40-year-old Coralynne 150 nautical miles out from the Newcastle shoreline to meet a larger Chinese fishing boat that had zigzagged down from Asia.

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Richard HendersonReporterRichard Henderson is a markets reporter based in our Melbourne newsroom. Connect with Richard on Twitter. Email Richard at richard.henderson@afr.com.au

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Original URL: https://www.afr.com/policy/economy/the-dark-side-of-the-world-s-supply-chain-woes-20211215-p59htd