South Korean government imposes first sanctions against North Korea this year...designates 11 ships as subject to sanctions

On the 17th, the South Korean government announced that it had designated 11 vessels involved in North Korea's illegal maritime transshipment, importation and smuggling of oil to and from North Korea as targets for sanctions.
This is the first time in eight years since March 2016 that the South Korean government resumed its own sanctions against ships.
On this day, the Ministry of Foreign Affairs announced that vessels involved in North Korea's illegal maritime activities and supporting North Korea's nuclear and missile development.
It was announced that 11 vessels, two individuals, and three institutions were placed on North Korea's own sanctions list. North Korea engages in various activities to evade UN Security Council sanctions, such as transshipment of oil between ships and smuggling of coal at sea.
It has procured supplies and funds through illegal activities to develop nuclear weapons and missiles. This time, the vessels designated as subject to sanctions include transshipment at sea with North Korean vessels, smuggling of refined oil to North Korea, and coal smuggling.
The company violated numerous United Nations Security Council resolutions through acts such as smuggling and transporting used ships to North Korea. Seven of the vessels were designated as subject to UN sanctions by the UN Security Council's Panel of Experts on North Korea Sanctions.
This is the ship that was recommended to the committee. Park Kyung-ran of North Korea's Baeksol Trading Co., Ltd. and Min Myung-hak, general manager of Risan Trading Co., have been placed on the sanctions list. Park Kyung Ran is a used ship
By transporting refined oil to North Korea, Min Myung-hak has been involved in illegal maritime transshipment activities to North Korea and the sending of North Korean workers. The sanctioned organizations are suspected of smuggling oil, coal, etc.
There are manganese trade, Risan trade, YOO A trade, etc. This is the 15th time that the South Korean government has imposed independent sanctions against North Korea under the Yun Seok-yeol administration.
Regarding the latest measures, the government said, ``By cutting off North Korea's continued illegal maritime procurement of funds and supplies, we will
・This shows the South Korean government's strong will to abandon missile development,'' and added, ``Not only the vessels involved in maritime transshipment, but also the individuals and institutions involved in the illegal maritime transshipment network.
We will continue to strengthen sanctions against them."