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Alert: Viet Trust Shipping Corporation “Viet Tin 01” spotted at DPRK port

28 Feb 2019

The article below was reported by Singapore bunkering publication Manifold Times on Thursday (28 February) at 3 pm Singapore time:

The Vietnam-registered product carrier Viet Tin 01 has been spotted in North Korean waters on Wednesday (27 February), according to information from vessel automatic identification system (AIS) tracking service providers.

Its position was recorded to be at the Port of Nampo, North Korea on Wednesday afternoon (Singapore time).

“The Viet Tin 01 is owned by Viet Trust Shipping Corporation and usually trades in southeast Asia between Myanmar, Vietnam and Chittagong using Singapore port as a base,” a source with knowledge of the matter told Manifold Times.

He noted Viet Trust Shipping Corporation owning two vessels, namely Viet Tin 01 and Viet Tin Lucky.

“The Viet Tin 01 officially stated its destination to be Daesan port in South Korea but, in this case, it is clearly not. It is strange the AIS was left switched ‘on’ as this usually isn’t the case for vessels involved in DPRK activities.”

Neither the entity Viet Trust Shipping Corporation nor Viet Tin 01 have not yet been registered under the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), according to a search by Manifold Times on the OFAC website.

The Viet Tin 01 is a 1985-built 5,453 dwt product carrier, show data from the Claritecs Asset Management system.

Viet Trust Shipping Corporation did not provide Manifold Times a comment when approached on Wednesday (27 February) morning.

Photo credit: FindShip
Published: 28 February, 2019


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