UN Places Sanctions against North Korean Shippers

July 30, 2014

The United Nations Security Council has imposed sanctions on the North Korean shippers that operate the vessel Chong Chon Gang, seized by Panama in July 2013 for attempting to smuggle weapons from Cuba to North Korea.

According to the UN, the shipping company, Ocean Maritime Management Company Limited, played a key role in arranging the shipment of concealed cargo of arms and related materiel from Cuba to the Democratic People’s Republic of Korea, and as such attempted to evade established arms embargoes.

Panamanian authorities reportedly stopped the vessel last year as it tried to enter the Panama Canal because they suspected that the vessel was smuggling drugs, but instead discovered two Cuban fighter jets, missiles and other live weapons beneath its cargo of sugar.
 

Logistics News

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

Syria, CMA CGM to Operate Two Dry Ports

Syria, CMA CGM to Operate Two Dry Ports

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

Subscribe for Maritime Logistics Professional E‑News

Senator calls on US to finalize regulations banning airline family seating fees
Mercedes will roll out automated urban driving in Germany by the end of the year
French and Benelux stocks: Factors to watch for on May 22