Contents tagged with Vladivostok

  • Russian shipping company hit by U.S. sanctions on verge of bankruptcy

    On November 10, the cargo vessel Diana belonging to the to Vladivostok-based Gudzon Shipping was not allowed to enter the port of Vladivostok. The crew reportedly left the vessel because of unpaid salaries, TASS reports.

    “Because of the North Korea related sanctions imposed by the U.S., the company lost almost all of its contracts and cannot ensure operation of its vessels anymore. The company is also unable to sell its assets because of restrictions imposed by its bank which holds the company’ …

  • The US accuses two Russian ports of violating sanctions against North Korea

    The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury stated that they suspect two Russian ports in Vladivostok and Nakhodka of violating the sanctions regime established by the UN Security Council against North Korea.

    According to the U.S. Treasury, vessels that participated in the transshipment of oil and coal to North Korean tankers visited Vladivostok and Nakhodka ports.

    In addition to the two Russian ports, this scheme also involved four ports in China, four in …