On 30th August, the US Treasury announced designations of 2 individuals and 3 entities, and further identified 1 vessel as blocked property, continuing the implementation and enforcement of existing sanctions. This action highlights North Korea’s continued use of illicit ship-to-ship (STS) transfers to circumvent UN sanctions that restrict the import of petroleum products, as well as the US Government’s commitment to implement existing UN Security Council Resolutions. OFAC designated Taiwan-based individuals Huang Wang Ken and Chen Mei Hsiang and the Taiwan-based entities Jui Pang Shipping Co Ltd (Jui Pang) and Jui Zong Ship Management Co Ltd (Jui Zong), as well as Hong Kong-based entity Jui Cheng Shipping Company Limited (Jui Cheng); and vessel Shang Yuan Bao (IMO: 8126070).
This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y