Cocaine with an estimated street value of €2.7 million has seized by customs officials at the Freeport Terminal.
Officials explain that the 20 packets weighing a total of 24kgs were found during checks on a number of containers passing through the port today.
It is understood that the container which was hiding the drugs was on route to Tirana Albania from South America.
The discovery is less than two days after Customs officials discovered 91.2kg of cocaine in a previous investigation.
According to officials, this means that in 14 weeks since the New Year, the Customs department has managed to find just over half a tonne of cocaine (515.2kgs) worth €58 million.
This is almost double the total amount seized during last year (287.4kgs).
The current investigation has been handed over to the Police Anti Drug Squad with the Duty Magistrate now leading an inquiry with members of the Police Forensics Unit.