February 21, 2024

Seized oil tanker linked to N. Korean networks, investigation reveals

Despite Panamanian flag, KOTI owned by Chinese nationals tied to DPRK proliferation

The Panamanian-flagged KOTI vessel, which was seized off the west coast of South Korea in late December, is operated by a company linked to several known Chinese weapons smugglers, an investigation by NK News can reveal.

South Korean officials are holding the 5100-tonne tanker in Pyeongtaek-Dangjin port after deciding against releasing the vessel on December 21 - the second such seizure in recent months.