September 27, 2022

Taiwanese firm’s ‘permissiveness’ undercuts North Korea sanctions: UN report

Investigators say Cheng Chiun Shipping Agency ‘inconsistent’ about alleged role in illicit oil procurement scheme

A Taiwanese shipping agency provided “inconsistent” information about its alleged role in illegally transferring huge quantities of refined oil to North Korea and may have played a larger facilitating role than previously known, a forthcoming U.N. report seen by NK Pro states. 

Cheng Chiun Shipping Agency Co. Ltd. (CCSA) previously found itself in sanctions monitors’ crosshairs earlier this year, when the U.N. Panel of Experts suggested it had established a convoluted web of shell companies to transfer oil to North Korean tankers in 2021.