US seizes North Korean coal vessel
Published by Stephanie Roker,
Editor
Dry Bulk,
The Wise Honest was said to have been used to transport coal and heavy machinery. The US says it has seized a North Korean cargo ship, accusing it of violating international sanctions. The Justice Department said the ship was used to transport coal, North Korea’s largest export but subject to a UN export ban.
The vessel is said to have been initially confiscated in Indonesia. It is the first time the US has seized a North Korean ship for breaching sanctions and comes amid worsening relations between the two. A meeting between North Korean leader Kim Jong-un and US President Donald Trump ended without agreement in February with the US insisting North Korea give up its nuclear programme and Pyongyang demanding sanctions relief.
North Korea has carried out two weapons test in the space of the past week in what is widely seen as an attempt to increase pressure on the US over its failure to make concessions. The US Special Representative on North Korea Stephen Biegun is currently in South Korea to discuss ways of getting the denuclearisation talks back on track. The North Korean ship, the Wise Honest, is now in the custody of the US.
“Our office uncovered North Korea’s scheme to export tonnes of high-grade coal to foreign buyers by concealing the origin of their ship, the Wise Honest,” said US attorney Geoffrey S. Berman.
“This scheme not only allowed North Korea to evade sanctions, but the Wise Honest was also used to import heavy machinery to North Korea, helping expand North Korea’s capabilities and continuing the cycle of sanctions evasion.”
Read the article online at: https://www.drybulkmagazine.com/shipping/14052019/us-seizes-north-korean-coal-vessel/
You might also like
Bearing AI launches first AI-powered planning tool for shipping liners
Bearing AI has announced the launch of the first AI-powered planning tool for shipping liners to simulate the cost, emissions and performance impact of operational and commercial decisions.