News on North Korea.
The US has sanctioned the owners of six Russian tanker ships on claims that they are helping transfer petroleum products to North Korean vessels in violation of international prohibitions.
No companies should accept a risk of getting caught transporting components for sanctioned North Korean missiles, says former UN monitor and sanctions advisor to ShippingWatch.
A Maersk Group subsidiary transported 11 small parcels for a company registered at the North Korean embassy in Beijing. The cost of shipping the parcels was not noteworthy, but the contents were.
A subsidiary of Maersk Group was behind the transport of spare parts produced in North Korea for long-range missiles. A Panel of Experts in the UN Security Council pursued the case and considers the North Korean deal a high-profile violation of sanctions against the country.
A case concerning two cargo vessels illustrates how North Korea keeps finding ways to dodge the increasingly tough international sanctions aimed at curbing its nuclear arms program.
The US has published a list of 28 ships with ties to North Korea, which US-based parties are now banned from engaging in business with. The blacklisting is aimed at curbing illegal trade with the country. Find the list of ships here.
US President Donald Trump has introduced new sanctions against North Korea in an effort to curb the country's nuclear programs, and the sanctions target shipping and trading companies.
Despite tight sanctions against North Korea, six Chinese vessels have delivered goods to and from ports in the country, says the American UN delegation according to Wall Street Journal.
Authorities suspect that a Taiwanese businessman is the mastermind behind oil product transfers to a North Korean tanker.
Oil trader Trafigura denies involvement in the illegal transfer of fuel to North Korea after South Korea said the company originally owned the cargo that was shipping in violation of UN sanctions.
South Korean authorities confirm the detention of tanker vessels suspected of delivering oil to North Korea, reports Reuters and other media.
Chinese ships have transferred oil to vessels from the sanctioned regime in North Korea more than 30 times since October, report South Korean diplomats.
The US wants the UN Security Council to blacklist 10 vessels which have breached the sanctions imposed on North Korea, reports Reuters. The Council will meet on Thursday.
The UN suspects a total of four cargo ships of violating the sanctions imposed on North Korea. Since the fall, one of the ships has been especially conspicuous.
North Korean employees working as forced labor have likely worked on vessels for Maersk and the Danish defence. However, nobody knows exactly how many North Koreans are working in Europe, the EU's foreign affairs representative tells Danish MEP Jeppe Kofod.
Nations in the European Union have adopted further sanctions against North Korea including a new oil ban.
At a meeting Monday, the EU plans to tighten sanctions against North Korea. This means that going forward, the EU nations will not be allowed to give work permits to North Koreans. Denmark's Minister for Foreign Affairs supports the move, he tells ShippingWatch.
Four ships have violated international sanctions against North Korea, and the UN Security Council has thus issued a ban in all countries against letting these vessels call in ports. This is the first ever time that this has happened, reports news agency AP.
Poland carries most of the responsibility for ensuring that North Korean labor is not used at the country's shipyards, says Secretary General Christophe Tytgat of Sea Europe. MEPs addressed the issue last year.
Offshore carrier Maersk Supply Service has had parts for six vessels constructed on the yard in Poland which has employed North Korean workers. It is likely that North Korean workers contributed to building the vessels, explains Maersk to ShippingWatch.
A Polish shipyard has, according to DR, employed North Korean workers during the construction of a new Danish inspection vessel Lauge Koch, which is being completed at Karstensens Shipyard in Skagen.
Eight vessels from North Korea, currently subject to sanctions, have this year loaded oil cargoes in Russia, with China and South Korea listed as their destination. But the course was changed at a later point, reports Reuters.
Executive, Operations - BW LPG
Treasury Risk Manager with focus on financial risk management - Group Treasury, Bunker Holding
