Australian Police have seized 2.3 tonnes of cocaine from a broken-down boat off the coast of Queensland, authorities said on Monday. Eleven men and two juveniles were arrested, including the vessel's crew and others waiting on the shore to collect the illegal shipment.

The haul, worth around $760m Australian dollars, was found on board after police acted on a tip-off that the gang was planning a multi-tonne smuggling operation.

Australian police have seized a record 2.3 tonnes of cocaine and arrested 13 people in raids after the suspects’ boat broke down off the coast of Queensland, authorities said. The drugs had a sale value of 760 million Australian dollars (£388 million) and equalled as many as 11.