Organization

Paekyangsan Shipping Co Ltd

Sanctioned entity

Named in 3 sanctions listings.

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Summary

The Director Disqualification Sanction was imposed on 09/04/2025.

Shipping company based in the DPRK

OMI: 6029462 Entité associée (navire) : PAEK YANG SAN 1 (OMI: 9129653)

Sanctions and listings3

  • Official designation

    La Principauté de MonacoMonaco National Fund Freezing ListMonaco

    (UE) 2026/2278 du 12/10/2026

    Autorité de désignation publiée : Union européenne

    Paekyangsan Shipping Co Ltd exploite le navire Paek Yang San 1 battant le pavillon de la RPDC, qui est impliqué dans des expéditions de produits pétroliers raffinés de la Russie vers la RPDC, en violation de la résolution 2397 (2017) du Conseil de sécurité, dans le cadre du commerce “pétrole contre armes” entre la RPDC et la Russie. Paekyangsan Shipping Co Ltd participe donc à des fournitures susceptibles de contribuer aux programmes de la RPDC en rapport avec les armes nucléaires, les missiles balistiques ou d’autres armes de destruction massive.

    geldefonds.gouv.mc

  • Effective
    21 Feb 2025

    Russia Sanctions Act 2022

    Ministry of Foreign Affairs and TradeNew Zealand Russia SanctionsNew ZealandSanctioned

    Aircraft Ban, service prohibition, dealing with securities, asset freeze and ship ban

    Involved in the transport of military equipment from DPRK to Russia

    Programme NZ-RSA2022mfat.govt.nz

  • Effective
    17 May 2024

    UK sanctions relating to the Democratic People’s Republic of Korea - The Democratic People's Republic of Korea (Sanctions) (EU Exit) Regulations 2019

    UK; Foreign, Commonwealth & Development OfficeUK FCDO Sanctions ListUnited Kingdom

    Transport sanctions: see 'Other information', asset freeze, transport sanctions: see "other information" and director disqualification sanction

    Paekyangsan Shipping Co Ltd is or has been involved in the facilitation of DPRK military programmes by its involvement in transferring petroleum products between Russia and DPRK as owner of the vessel PAEK YANG SAN 1, thereby assisting in the contravention or circumvention of a relevant DPRK-related provision, namely UNSCR 2397 (2017).

    Programme GB-DPRKReference 16495Reference DPR0289Last updated 9 Apr 2025gov.ukgov.uk

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