Three Shipping Firms Sanctioned For Illegal Oil Shipments to North Korea
Some more companies have been hit with sanctions after violating United Nations sanctions on North Korea:
The United States on Friday sanctioned three shipping firms for allegedly engaging in illicit ship-to-ship transfers of refined petroleum goods to North Korea.
The U.S. Treasury Department announced the measures on its website, adding that the companies are based in Taiwan and Hong Kong.
The department also sanctioned two Taiwanese individuals and designated a Panama-flagged vessel as blocked property for engaging in related activity.
“Treasury will implement and enforce existing U.S. and U.N. sanctions on individuals, entities and vessels involved in illicit ship-to-ship transfers with North Korean flagged vessels,” she added.
The United States on Friday sanctioned three shipping firms for allegedly engaging in illicit ship-to-ship transfers of refined petroleum goods to North Korea.
The U.S. Treasury Department announced the measures on its website, adding that the companies are based in Taiwan and Hong Kong.
The department also sanctioned two Taiwanese individuals and designated a Panama-flagged vessel as blocked property for engaging in related activity.
Yonhap
You can read more at the link, but I wonder at some point if ships will start being seized to more forcibly enforce sanctions on North Korea?
Glad I’m not CNO; I would order secret authorization for our subs parked off the North Korean coast to use those ships as target practice. No need for sanctions or blocks or legal wrangling. Simply make damn sure they are beyond the 12 mile limit. Generally those waters are deep enough that salvage operations would be unprofitable, plus the ships involved aren’t going to admit why they were side by side when they “blew up” If they are inside the 12 mile limit then folks might start investigating and pointing fingers…
Doc, you’ve hit the right prescription… 💡