Seoul sanctions vessel, individuals for illegal trade of North Korean goods

Seoul sanctions vessel, individuals for illegal trade of North Korean goods

South Korea has designated a Hong Kong-based shipping company, its operators, an unflagged vessel named “Sunrise 1” and its Russian consignor, under unilateral sanctions for their involvement in trading prohibited North Korean goods, the government announced Thursday. According to Seoul’s Ministry of Foreign Affairs (MOFA), the Sunrise 1 is a vessel owned by Xiangrui (Xiang […]

South Korea sanctions freight ship, 4 entities for illegal transport of North Korean iron ore

South Korea imposed independent sanctions on a freight ship, its Hong Kong-based operator and three related entities on Thursday in connection with the ship's internationally banned transport of North...

North Korean iron ore shipments spark sanctions

The government of South Korea has imposed sanctions on a non-flagged vessel the country seized for illegally transporting iron ore produced in North Korea. Sanctions were also imposed on two Chinese nationals, Sun Zhengzhe and Sun Feng, who operated the ship and Russian company LLC Consul DV, which was the cosignee of the cargo. The …