By Jonathan Saul, Humeyra Pamuk and Timothy Gardner LONDON/WASHINGTON, May 27 (Reuters) - Ship owners and insurers say it may be impossible for the maritime industry to fully comply with the Trump administration’s new guidelines on how to avoid sanctions penalties related to Iran, North Korea and Syria, raising the risk of disruptions in a sector already struggling with the … [Read more...]
Trump Administration Issues Global Maritime Advisory to Avoid Sanctions Risk
By Humeyra Pamuk, Jonathan Saul and Timothy Gardner WASHINGTON/LONDON May 14 (Reuters) - The Trump administration on Thursday issued guidelines to help ship owners and insurers avoid the risks of sanctions penalties, standards that maritime players and a senior State Department official said were modified following months of discussions with industry. The guidelines, known … [Read more...]
Photos Capture North Korea Ships’ Sanctions Busting in Chinese Waters -U.N. Report
A photo from the annual report to the U.N. Security Council shows a North Korean-flagged vessel conducting a ship-to-ship transfer of coal near the Chinese port of Lianyungang, August 20, 2019. United Nations/Handout via REUTER By Michelle Nichols NEW YORK, April 17 (Reuters) - On Oct. 10 last year, eight North Korean vessels - several carrying illicit coal shipments - … [Read more...]
North Korean Vessel Wise Honest Forfeited to U.S. Government
A federal judge in Southern District of New York has issued a judgement for the forfeiture of a North Korean cargo vessel held by the U.S. since May over illicit shipments in violation of U.S. and United Nations sanctions against the Democratic People’s Republic of Korea, the U.S. Department of Justice has announced. The vessel at the center of the case is the M/V Wise … [Read more...]
North Korean Fishing Boat’s Crew Rescued After Colliding with Japanese Ship
By Kiyoshi Takenaka TOKYO, Oct 7 (Reuters) - Japan rescued about 60 North Korean crew members from a fishing boat that sank after it collided with a Japanese patrol boat that was chasing it out of Japanese waters, the Japan Coast Guard said on Monday. All the crew members that abandoned the fishing boat were rescued and handed over to another North Korean ship, the Coast … [Read more...]