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Seoul-based middleman suspected of transferring ship to North Korea: UN report
Oil tanker acquired around the same time Pyongyang appeared to accelerate smuggling operations in May 2021
The U.N. Panel of Experts is investigating North Korea’s suspected acquisition of an oil tanker from a South Korean shipping company, according to a forthcoming U.N. report, an act that would constitute a rare asset transfer between the Koreas and a likely violation of international sanctions.
An advanced draft of a Panel of Experts report seen by NK Pro alleges that the South Korean company Daeho Shipping Co. Ltd. sold the vessel, originally known as the Daeho Sunrise, to a Seoul-based middleman identified as “Mr. Chang” on May 4, 2021. The vessel was then renamed Ocean
