New sanctions against North Korea

As I said in the past, I even consider that also instead of sanctioning North Korean entities, I think that it may be important to also sanction entities which are cooperating with sanctioned North Korean entities. I also believe that a (at least temporary) closing of the Industrial Complex of Kaesong may soften the situation on the Korean Peninsula. South Korea should also stop providing maintenance services to North Korea.

Therefore sanctions against international entities is only the natural continuation of previous sanctions. I consider that now, Non-DPRK citizens cooperating with DPRK sanctionned companies are going to belong to this sanctions list.

One of the sanctionned vessel is partially belonging to Chopol, a Polish-North Korean Shipping company (additional information about Chopol is available there). Is it the end of Chopol? Is it the end of DPRK-Foreign Joint Ventures? I presume that yes.

5c23ccff9e50557c121eda5af68305c1
This former Polish manager of Chopol was considered by expats in Pyongyang, as one of the brightest consultant on North Korean issues. 

See below an update of the list of sanctioned entities:

The following individuals have been added to OFAC (Office of Foreign Assets Control)’s SDN (Specially Designated Nationals List)List:

JO, Yong Chol (a.k.a. CHO, Yong Chol), Syria; DOB 30 Sep 1973; nationality Korea, North; North Korea’s Ministry of State Security Official (individual) [DPRK2].

RI, Won Ho, Egypt; DOB 17 Jul 1964; citizen Korea, North; Passport 381310014 (Korea, North) expires 12 Jul 2016; North Korea’s Ministry of State Security Official (individual) [DPRK2].

The following entities have been added to OFAC’s SDN List:

CHONGONG SHIPPING CO LTD, Room 502, 90, Ponghak-dong, Pyongchon-guyok, Pyongang, Korea, North; Vessel Registration Identification IMO 5878589 [DPRK3].

HOERYONG SHIPPING CO LTD, 108, Pongnam-dong, Pyongchon-guyok, Pyongyang, Korea, North; Vessel Registration Identification IMO 5817786 [DPRK3].

ILSIM INTERNATIONAL BANK, Pyongyang, Korea, North; SWIFT/BIC ILSIKPPY [DPRK3].

KOREA FOREIGN TECHNICAL TRADE CENTER, Korea, North [DPRK3].

KOREA OCEAN SHIPPING AGENCY, Moranbong District, Pyongyang, Korea, North; Namp’o Branch, Namp’o, South P’yo’ngan Province, Korea, North; Hungnam Branch, Hungnam, South Hamgyong Province, Korea, North; Chongjin Branch, Songphyong District, Chongjin, North Hamgyong Province, Korea, North; Haeju Branch, Haeju, South Hwanghae Province, Korea, North; Songnim Branch, Songnim, North Hwanghae Province, Korea, North; Wonsan Branch, Wonsan, Kangwon Province, Korea, North; Rason Branch, Rason, North Hamgyong Province, Korea, North [DPRK3].

KOREA SAMILPO SHIPPING CO, Tonghung-dong, Chung-guyok, Pyongyang, Korea, North; Vessel Registration Identification IMO 1701459 [DPRK3].

KOREA UNITED DEVELOPMENT BANK, Pyongyang, Korea, North; SWIFT/BIC KUDBKPPY [DPRK3].

KOREA ZUZAGBONG MARITIME LTD, Kinmaul-dong, Moranbong-guyok, Pyongyang, Korea, North; Vessel Registration Identification IMO 1991835 [DPRK3].

KOREAN BUYON SHIPPING CO. LTD. (a.k.a. KOREA BUYON SHIPPING CO; a.k.a. KOREAN BUYON SHIPPING COMPANY LIMITED), Wonsan, Kangwon-do, Korea, North; Vessel Registration Identification IMO 5057119 [DPRK3].

KOREAN POLISH SHPG CO LTD, Kinmaul-dong, Moranbong-guyok, Pyongyang, Korea, North; Vessel Registration Identification IMO 1267131 [DPRK3].

KOREAN WORKERS PARTY, PROPAGANDA AND AGITATION DEPARTMENT (a.k.a. PROPAGANDA AND AGITATION DEPARTMENT; a.k.a. PROPAGANDA AND AGITATION DEPARTMENT, WORKERS PARTY OF KOREA), Pyongyang, Korea, North [DPRK3].

MIRIM SHIPPING CO LTD, Tonghung-dong, Chung-guyok, Pyongyang, Korea, North; Vessel Registration Identification IMO 5647684 [DPRK3].

OCEAN BUNKERING JV CO, Otan-dong, Chung-guyok, Pyongyang, Korea, North; Vessel Registration Identification IMO 4199470 [DPRK3].

SINGWANG ECONOMICS AND TRADING GENERAL CORPORATION, Korea, North [DPRK3].

THAEPHYONGSAN SHIPPING CO LTD, Room 402, 90, Sochon-dong, Sosong-guyok, Pyongyang, Korea, North; Vessel Registration Identification IMO 5878575 [DPRK3].

The following vessels have been added to OFAC’s SDN List:

CHONG BONG Democratic People’s Republic of Korea flag; Vessel Registration Identification IMO 8909575 (vessel) [DPRK3] (Linked To: CHONGBONG SHIPPING CO LTD).

CHONG RIM 2 Democratic People’s Republic of Korea flag; Vessel Registration Identification IMO 8916293 (vessel) [DPRK3] (Linked To: OCEAN BUNKERING JV CO).

EVER BRIGHT 88 Sierra Leone flag; Vessel Registration Identification IMO 8914934 (vessel) [DPRK] (Linked To: OCEAN MARITIME MANAGEMENT COMPANY LIMITED).

GOLD STAR 3 Cambodia flag; Vessel Registration Identification IMO 8405402 (vessel) [DPRK] (Linked To: OCEAN MARITIME MANAGEMENT COMPANY LIMITED).

GRAND KARO Cambodia flag; Vessel Registration Identification IMO 8511823 (vessel) [DPRK] (Linked To: OCEAN MARITIME MANAGEMENT COMPANY LIMITED).

HOE RYONG Democratic People’s Republic of Korea flag; Vessel Registration Identification IMO 9041552 (vessel) [DPRK3] (Linked To: HOERYONG SHIPPING CO LTD).

JH 86 Cambodia flag; Vessel Registration Identification IMO 8602531 (vessel) [DPRK] (Linked To: OCEAN MARITIME MANAGEMENT COMPANY LIMITED).

JIN TAI 7 Sierra Leone flag; Vessel Registration Identification IMO 9163154 (vessel) [DPRK] (Linked To: OCEAN MARITIME MANAGEMENT COMPANY LIMITED).

JIN TENG Sierra Leone flag; Vessel Registration Identification IMO 9163166 (vessel) [DPRK] (Linked To: OCEAN MARITIME MANAGEMENT COMPANY LIMITED).

MI RIM 2 Democratic People’s Republic of Korea flag; Vessel Registration Identification IMO 9361407 (vessel) [DPRK3] (Linked To: MIRIM SHIPPING CO LTD).

MI RIM Democratic People’s Republic of Korea flag; Vessel Registration Identification IMO 8713471 (vessel) [DPRK3] (Linked To: MIRIM SHIPPING CO LTD).

ORION STAR; Vessel Registration Identification IMO 9333589 (vessel) [DPRK] (Linked To: OCEAN MARITIME MANAGEMENT COMPANY LIMITED).

RA NAM 2 Democratic People’s Republic of Korea flag; Vessel Registration Identification IMO 8625545 (vessel) [DPRK3] (Linked To: KOREA SAMILPO SHIPPING CO).

RA NAM 3 Democratic People’s Republic of Korea flag; Vessel Registration Identification IMO 9314650 (vessel) [DPRK3] (Linked To: KOREA SAMILPO SHIPPING CO).

RYO MYONG Democratic People’s Republic of Korea flag; Vessel Registration Identification IMO 8987333 (vessel) [DPRK3] (Linked To: KOREAN POLISH SHPG CO LTD).

SOUTH HILL 2 Sierra Leone flag; Vessel Registration Identification IMO 8412467 (vessel) [DPRK] (Linked To: OCEAN MARITIME MANAGEMENT COMPANY LIMITED).

SOUTH HILL 5 Palau flag; Vessel Registration Identification IMO 9138680 (vessel) [DPRK] (Linked To: OCEAN MARITIME MANAGEMENT COMPANY LIMITED).

THAE PYONG SAN emocratic People’s Republic of Korea flag; Vessel Registration Identification IMO 9009085 (vessel) [DPRK3] (Linked To: THAEPHYONGSAN SHIPPING CO LTD).

TONG HUNG 1 Democratic People’s Republic of Korea flag; Vessel Registration Identification IMO 8661575 (vessel) [DPRK3] (Linked To: KOREA ZUZAGBONG MARITIME LTD).

VICTORY 2 Mongolia flag; Vessel Registration Identification IMO 8312227 (vessel) [DPRK3] (Linked To: KOREAN BUYON SHIPPING CO. LTD.).

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