Home Cargo US Sanctions Firms Transferring Oil to North Korean Ships at Sea

US Sanctions Firms Transferring Oil to North Korean Ships at Sea

by admin
0 comment

The United States on Friday imposed new sanctions following North Korea’s latest missile launches this week, targeting a fuel procurement network that Washington said supports Pyongyang’s weapons programs and its military.

Friday’s action targeted two Singapore-registered companies and a Marshall Islands-registered firm, the U.S. Treasury Department said in a statement, as Washington seeks to hold North Korea accountable for ship-to-ship transfers that circumvent United Nations sanctions on the country.

“By designating these entities and individuals, the United States is sending a clear message that we will continue to take actions against those who support the development and sustainment of the DPRK’s military and weapons arsenal,” U.S. Secretary of State Antony Blinken said in a separate statement, referring to North Korea by the initials of its official name.

North Korea’s mission to the United Nations in New York did not immediately respond to a request for comment.

The sanctions came after North Korea fired an intermediate-range missile over Japan on Tuesday, which prompted joint South Korean and U.S. missile drills.

North Korea also fired two short-range ballistic missiles into the sea on Thursday in the direction of Japan, after the return of a U.S. aircraft carrier to the region and a U.N. Security Council meeting in response to the North’s recent launches.

Those launches were the sixth time in 12 days that North Korea has test fired ballistic missiles.

Decades of U.S.-led sanctions have not stemmed North Korea’s increasingly sophisticated missile and nuclear bomb programs, and North Korean leader Kim Jong Un has shown no interest in returning to a failed path of diplomacy he pursued with former U.S. President Donald Trump.

The United States accused China and Russia on Wednesday of enabling Kim by protecting Pyongyang from attempts to strengthen U.N. Security Council sanctions imposed over its nuclear weapons and ballistic missile programs.

The Treasury in the fresh sanctions on Friday said it targeted Singapore-based Kwek Kee Seng, Taiwan-based Chen Shih Huan and Marshall Islands-registered company New Eastern Shipping Co Ltd – which Treasury said also has an address in China and Singapore.

It accused them of being involved in the ownership or management of a vessel that has participated in several deliveries of refined petroleum to North Korea.

Washington said the vessel conducted ship-to-ship transfers with North Korean vessels and at least one direct delivery and said it engaged in “deceptive shipping practices.”

United Nations sanctions monitors have found that North Korea has repeatedly circumvented restrictions on trade of things like coal and oil, often through transfer from ship to ship at sea.

Also designated were Singapore-registered Anfasar Trading (S) Pte. Ltd. and Singapore-registered Swanseas Port Services Pte. Ltd. over their links to Kwek, Treasury said.

Swanseas Port Services and Anfasar Trading did not immediately respond to a request for comment on the sanctions on the companies or Kwek. Reuters could not immediately reach New Eastern Shipping for comment.


You may also like

About Us

CargoNewsToday.com is a blog about the latest developments in the global logistics and transport industry.


@2024 – Cargo