Italian customs police have seized 49 kilograms of pure cocaine hidden in a container transporting frozen totani, a kind of squid, on a cargo ship from Argentina.

Reggio Calabria prosecutor Federico Cafiero De Raho said Monday that the cocaine, if sold on the street, would have raked in more than 10 million euros ($11 million).

The cocaine was discovered in Gioia Tauro, a port considered largely under the sway of the 'ndrangheta crime syndicate. Investigators say the Calabria-based 'ndrangheta is by far the biggest trafficker of cocaine in Europe. The prosecutor said police and customs officials have been intensifying controls in the port.

No arrests were immediately announced Monday in connection with the seizure.