Vessel

Victory 2

Sanctioned entity

Mongolia. Named in 1 sanctions listing.

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Summary

Cargo ship involved in the export of DPRK-origin coal. Noticed in 2013 for entering the Mongolia registry without changes in ownership or management.

In Annex XXXI (p. 112) of the UN Panel of Experts March 2014 report, Footnote 31 claims the "Victoria 2" (IMO: 8312227) was renamed from "Buyon". However, neither any other Panel report nor Equasis lists this alias. Instead, this vessel used the name "Bu Yon 2/Buyon 2" before. In Annex 61 (p. 309) of the UN Panel of Experts March 2022 report, this vessel is misspelled as "RYONG HWA 3". According to Equasis, this vessel has been a total loss since September 2021.

Vessel Registration Identification: IMO 8312227; OFAC documented name 24096: Victory 2

Sanctions and listings1

  • Listed
    16 Mar 2016

    North Korea Sanctions - DPRK3

    Office of Foreign Assets ControlUS OFAC Specially Designated Nationals (SDN) ListUnited States

    DPRK3 and block

    Secondary sanctions risk: North Korea Sanctions Regulations, sections 510.201 and 510.210

    Transactions Prohibited For Persons Owned or Controlled By U.S. Financial Institutions: North Korea Sanctions Regulations section 510.214

    Executive Order 13722 (North Korea)

    Programme US-NKReference 19590treasury.govofac.treasury.gov

Connections3

Owned by1

Other links2

Identifiers1

IdentifierNumber
IMO numberIMO8312227

Other names3

Also known as3

Bu Yon 2Ryon Hwa 3VICTORY 2

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