Energy
0

2nd Ship Seized Over N. Korea Oil Row

2nd Ship Seized Over  N. Korea  Oil Row 2nd Ship Seized Over  N. Korea  Oil Row

South Korea is holding another vessel over suspicions it transferred petroleum products to a North Korean vessel—the second seizure to come to light since US President Donald Trump warned China against illicit oil sales to North Korea. South Korean authorities are investigating a Panamanian vessel over suspicions it transferred oil products to a North Korean ship, Yonhap News reported on Sunday, citing a regional fisheries office. Intelligence and customs officials met regarding the 5,100-ton oil carrier named KOTI on Dec. 21 and decided not to allow it to leave port, Bloomberg reported. Trump has warned that illicit oil sales to North Korea may jeopardize a resolution to confront Kim Jong-un’s nuclear weapons and missile programs, though China has denied reports of petroleum sales to North Korea. South Korea seized a Hong Kong-flagged vessel named Lighthouse Winmore, Yonhap reported on Friday.

 

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com