Moderators Moderator_02 Posted January 1, 2018 Moderators Share Posted January 1, 2018 Quote Panama Listed Ship Held in UN Sanctions Probe Posted on December 31, 2017 in Panama Post Views: 169 A PANAMA registered tanker suspected of violating UN sanctioned by selling oil to North Korea, has been detained in a South Korean port. The Koti ship, of 5,100 tons, has been held in Pyeongtaek-Dangjin (west of the country) since at least December 21. Most of its crew are Chinese and Burmese nationality, according to local news agency Yonhap, citing maritime authorities. It is the second case of a ship investigated by the South Korean authorities for supplying crude oil to the North Korean regime on the high seas. On Friday, Dec,27 the Government of Seoul announced that it had seized a ship with the flag of Hong Kong. The Winmore Lighthouse was detained on arrival at the port of Yeosu (south) on November 24, after allegedly transferring some 600 tonnes of refined oil to a North Korean ship on October 19. UN resolution 2375, unanimously approved last September following the latest and most powerful nuclear test of the Kim Jong-un regime, limited the supply of oil to North Korea as of October 1, 2017, and prohibits the export of petroleum condensate. The insistent North Korean weapons tests, including the launching of ballistic missiles, led the UN to tighten its sanctions on December 22, further limiting access to oil products. After announcing that the Hong Kong ship had been retained by Seoul authorities, US President Donald Trump lashed out at China. “Caught red-handed – very disappointed that China is allowing oil to go to North Korea.” There will never be a friendly solution to the problem of North Korea if this continues to happen, “said Trump on Twitter The Chinese Government denied that its country has allowed any such act. http://www.newsroompanama.com/news/panama/panama-flagged-ship-held-un-sanctions-probe Quote Link to comment Share on other sites More sharing options...
Pat Posted January 1, 2018 Share Posted January 1, 2018 What could be the consequences of this? Quote Link to comment Share on other sites More sharing options...
Uncle Doug Posted January 1, 2018 Share Posted January 1, 2018 Not that much. The flag of the vessel doesn't usually have any reference to who owns or operates the ship. The true owner may face a stiff fine for violating sanctions and also be barred from entering international ports. It's a huge civil and financial penalty, but nobody is going to jail, and the ship won't be sunk. Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted January 13, 2018 Author Moderators Share Posted January 13, 2018 Quote Panama Revoking Registration to Two Ships Linked to North Korea Dealings Image Courtesy: Shipspotting The Panama Maritime Authority has initiated a process of canceling the registration of the ships under its flag as the two vessels are suspected of breaching the sanctions against North Korea. Namely, Orient Shenyu and Koti, both flying the Panamanian-flag, have been linked to transporting of banned cargo to or from North Korea. Orient Shenyu, also known as Glory Hope I, has been included on the list of ten ships the U.S. proposed for blacklisting by the United Nations Security Council. The bulk carrier is believed to have engaged in exporting North Korean to other countries, which has been prohibited under the sanctions against North Korea aimed at chocking sources of funding that could end up supporting Pjongyang’s missile program. Panama-flagged product tanker Koti was seized at Pyeongtaek-Dangjin port, south of Incheon by the South Korean authorities in December 2017, as the vessel is believed to have transferred oil products to North Korea in spite of international sanctions. The 5,100-ton tanker is being probed by the customs officials over suspected ship-to-ship transfers. On December 22, 2017, the UN Security Council imposed harsher sanctions on North Korea, banning the direct or indirect supply, sale or transfer to the DPRK of crude oil, refined petroleum products, and various types of equipment and raw materials. It was decided that vessels believed of being involved in such activities would be seized, inspected, and impounded. World Maritime News Staff; Image Courtesy: Shipspotting https://worldmaritimenews.com/archives/239872/panama-revoking-registration-to-two-ships-linked-to-north-korea-dealings/ Quote Link to comment Share on other sites More sharing options...
Pat Posted January 14, 2018 Share Posted January 14, 2018 How often does a country (Panama) cancel a ship’s registration under it’s flag? I understand and agree with the reason, but what happens next? 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.