With international pressure on Pyongyang surging significantly after the latest nuclear tests in 2017, the UN Security Council has restricted oil exports to North Korea, imposing caps on annual imports and requirements for exporters to report their shipments. In addition, any loading of oil onto a North Korean tanker violates UN resolutions.
New York Federal Court has ruled to confiscate the oil tanker Courageous, reportedly used for illicit petroleum shipment through shore- and ship-to-ship transfers aimed to provide North Korea with oil products, according to a statement from the US Department of Justice.
As court documents read, the scheme that included the purchase of the vessel and financial operations, made in dollars and via American banks, aimed to circumvent sanctions imposed on North Korea and have violated US law and UN Security Council resolutions.
The alleged owner and operator of the tanker, Singaporean national Kwek Kee Seng, is at large and is expected to be charged for "conspiracy to evade economic sanctions on the DPRK and money laundering conspiracy."
