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Bunker fuel involved in sanctioned North Korea trade

04 Jan 2018

The Hong Kong-flagged tanker Lighthouse Winmore was allegedly delivering either fuel oil or marine gas oil to a North Korean vessel in late December, sources told Platts on Wednesday.

In late December, South Korean authorities seized and the Lighthouse Winmore for transferring 600 metric tonnes (mt) of oil to North Korean vessel Sam Jong 2 in international waters via a ship-to-ship (STS) transfer operation – a sanctioned activity under the United Nations Security Council.

The vessel delivered oil to three other vessels, none from North Korea, after the initial STS operation with Sam Jong 2.

According to South Korean officials, the Lighthouse Winmore was chartered by Taiwanese company Billions Bunker Group while the South Korean foreign ministry has named commodity trading firm Trafigura as owner of the oil cargo.

To date, Trafigura has denied involvement with the sanctioned activity.

Published: 4 January, 2018

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