US SANCTIONS TWO RUSSIAN SHIPPING COMPANIES AND SIX VESSELS


On August 21, Washington time, the US Department of Foreign Assets Control (OFAC) announced that according to Executive Order No. 13810 of September 20, 2017, two Russian shipping companies and six Russian vessels were suspected of engaging in the United Nations banned activities (providing refined oil to vessels flying the North Korean flag by ship-to-ship) to assist North Korea in illegal activities.
 
As confirmed by the US Office of Foreign Assets Control, the two companies, Primorye Maritime Logistics Co Ltd (Primorye) and Gudzon Shipping Co LLC (Gudzon), in Russia are the registered ship owner and the management company respectively of the Russian merchant ship "PATRIOT" (IMO 9003550).  
 
Earlier this year, the "PATRIOT" has transported petroleum to North Korea by ship-to-ship transfer twice, including once to deliver 1,500 tons of oil to the North Korean vessel "CHONG RIM2" (IMO 8916293), once to transport 2,000 tons of oil to North Korean vessels “CHON MA SAN” (IMO 8660313). And the buyer is Taesong Bank, which is recognized by the United Nations and the United States as an illegal economic activity participant in North Korea.

According to the shipping network, the “CHONG RIM2” (IMO 8916293) was listed on......

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