The UN Security Council has designated 3 vessels – Shang Yuan Bao, New Regent, and Kum Un San 3 – pursuant to para 12 of UNSC Resolution 2321 (2016) and para 6 of UNSC Resolution 2371 (2017), for engaging in illicit North Korea-related ship-to-ship transfers, “likely for oil”. The vessels will now be subject to de-flagging and a UN-wide port ban. See...
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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...