HOE RYONG
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North Korea continuing to evade UN shipping sanctions
Ocean Maritime Management (OMM), a shipping company belonging to the Democratic People’s Republic of Korea (DPRK aka North Korea), continues to avoid UN sanctions by registering its ships with flags of convenience and changing names of vessels and shell companies, a new report from the UN states. Despite its designation in July 2014, Ocean Maritime Management Company Limited (OMM) continues to operate through foreign-flagged vessels, name and company re-registrations and the rental of crews to foreign ships,” the panel said. The report maintains OMM is controlled by North Korea’s Ministry of Land and Marine Transport. In addition to the 14 vessels OMM had in operation last year, it has an additional vessel – the Hoe Ryong – in operation, the report claimed. http://splash247.com/north-korea-continuing-to-evade-un-shipping-sanctions/
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