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Tag Archives: ship-to-ship transfer

U.S. Cracks Down on North Korean Oil Imports With New Sanctions

A suspected ship-to-ship oil transfer involving a North Korean tanker. Archive Photo: U.S. Treasury

August 30, 2019 by Bloomberg By Saleha Mohsin (Bloomberg) –The U.S. cracked down on illicit North Korean oil imports, sanctioning a handful of Taiwan- and Hong Kong-based companies for helping Pyongyang evade international restrictions on its petroleum trade. The Treasury Department said in a statement on Friday that North Korea has continued to use ship-to-ship transfers at sea to evade United Nations …

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