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U.N. report identifies Winson Group as ‘key node’ of DPRK fuel procurement activities

Given substantive links, the Panel continues to investigate Winson Group and its subsidiaries, and gasoil purchaser Zfullboto Co. Ltd (中盛博通有限公司).

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A U.N. Security Council report published on 8 September alleges Singapore-based Winson Group, a firm engaged primarily in international wholesale oil trading and high-seas bunkering, to be a “key node” in the illicit fuel procurement activities of the Democratic People’s Republic of Korea (DPRK).

The Panel, based on a recent report and subsequent media articles, initiated an enquiry into transactions related to the sale of gasoil and the subsequent ship-to-ship (STS) transfer between the then Nauru-flagged Super Star (IMO No. 9085388) and the unknown-flagged Diamond 8 (IMO No. 9132612) on or around 1 May 2020 (UTC) and again on or around 14 June 2020 (UTC) in apparent violation of resolution 2397 (2017) and paragraph 18 of resolution 2375 (2017).

In April 2021, the Panel requested financial records and trade documentation regarding the activities of the Winson Group related to, inter alia, the Super Star and Diamond 8. The Panel also asked for clarification as to the due diligence processes and procedures of the Winson Group to mitigate sanctions evasion risks. In its reply to the Panel, the Winson Group noted its commitment to sanctions compliance and provided a summary of its due diligence procedures, which the company put into place in 2018.

In explaining the ship-to-ship transfers between the Super Star and Diamond 8, the Winson Group stated that its wholesale customer, Sino Global Trade Co. Ltd (formerly Super Gold Holdings Inc., hereafter “Sino Global”) time-chartered the Super Star from a Winson entity, Golden Shelter Limited. Sino Global then nominated the Super Star to take delivery of gasoil from Winson Oil (Wholesale) Pte Ltd, on a free-on-board basis. Sino Global went on to sell portions of this gasoil to a company named “Zfullboto Co. Ltd” (中盛博通有限公司), which nominated the Diamond 8 to Sino Global to take delivery via ship-to-ship transfer with the Super Star.

Winson representatives also reported to the Panel that the Group had conducted due diligence screenings on Sino Global, finding that its sole shareholder and director was Mr. Chien Chih-wei (簡志瑋) and that the company was not listed on any designated entities lists. The contracts for gasoil between Winson and Sino Global specifically note: “The product of this contract will not be sold to North Korea or any North Korean entity or any other sanctioned countries.” According to a senior Winson Group corporate officer, “Winson was not involved in the sale of cargoes from Sino Global to Zfullboto, and/or Zfullboto’s nomination of DIAMOND 8 to Sino Global” and an individual named “Ivy” was the operator for Zfullboto.

However, information obtained by the Panel shows that Mr. Chien Chi-wei used the address No. 150 Cheng’ai Road, Fengshan District, Kaohsiung, Taiwan Province of China, to register Sino Global. This is the same address used by a senior Winson Group employee for an IMO application for the vessel An Ping (IMO No. 7903366),113 which listed the ship’s owner as Spring Gain International Limited. The same employee also used a Winson Group email on the application, alongside a phone and fax number linked to Winson Shipping (Taiwan) Co., Ltd.

A review of social media records suggests that the aforementioned employee and Mr. Chien are closely related. Furthermore, social media records obtained by the Panel show that Mr. Chien maintains close relationships with several individuals who occupy senior positions at Winson Shipping (Taiwan) Co., Ltd., Jiu Li Shuen Trading and Taishun Trading. Given these substantive links, the Panel is continuing to investigate the Winson Group and its subsidiaries, as well as the owners and operators of Zfullboto.

Winson Group network

Editor’s note: The full U.N. Security Council report entitled Midterm report of the Panel of Experts submitted pursuant to resolution 2569 (2021)” can be downloaded from the official website here.

 

Photo credit: Ilyass SEDDOUG from Unsplash
Published: 6 October, 2021

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Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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Alternative Fuels

LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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