4 SHIPS BANNED IN SOUTH KOREA FOR SMUGGLING NORTH KOREAN COAL

The Korea Joongang Daily on 13th August reported that the South Korean government has banned the entry of 4 ships into itsports after they were found to have smuggled North Korean coal into the country last year in violation of international sanctions.  Korea Customs Service announced the results of an investigation that found 7 cases of illegal imports of North Korean coal and pig iron from April to October 2017, which were shipped into 5 different South Korean ports – a total of 35,028 tons, worth some $5.86 million.  The 4 banned ships are the Panama-registered Sky Angel, Sierra Leone-registered Rich Glory and the Belize-registered Shining Rich and Jin Long.  The coal came from the North Korean ports of Songlim, Chongjin, Daean and Wonsan, and was transhipped via the Russian ports of Vladivostok and Kholmsk.

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=3051818

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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