US Targets Coal Shipments in Fresh N. Korea-related Sanctions

Tuesday, December 8, 2020

The United States imposed new sanctions on six groups and four vessels related to the transport of North Korean coal on Thursday, including operations based in China, the Treasury Department said on Tuesday.

"The DPRK (North Korea) continues to circumvent the U.N. prohibition on the exportation of coal, a key revenue generator that helps fund its weapons of mass destruction programs," Secretary Steven Mnuchin said in a statement. "The North Korean regime often uses forced labor from prison camps in its mining industries, including coal, exploiting its own people to advance its illicit weapons programs."


(Reporting by Doina Chiacu; Editing by Chizu Nomiyama)

Categories: Legal Bulk Carriers Government Update Sanctions

Related Stories

Russia Adds Four LNG Carriers to Fleet

Strait of Hormuz Closure Curbs Dry Bulk Demand

Trump Grants 90-day Extension to Jones Act Waiver

Current News

Russia Adds Four LNG Carriers to Fleet

Two New Post-Panamax Cranes Arrive at Port Tampa Bay

U.S. Appeals Court Backs FMC in Evergreen Dispute

Strait of Hormuz Closure Curbs Dry Bulk Demand

Subscribe for Maritime Logistics Professional E‑News