New Sanctions Imposed on Parties Involved in North Korean Shipping

On February 23 the U.S. designated a host of new persons subject to North Korean shipping sanctions. The sanctions added one individual, 27 entities, and 28 vessels registered in North Korea, China, Singapore, and other jurisdictions to the Specially Designated Nationals (SDN) List. For an overview of what U.S. law forbids, an outline of deceptive shipping practices used in North Korea, and risk-mitigation measures designed to help companies avoid engaging in prohibited transactions, be sure to read Winston & Strawn’s International Trade and National Security Practices’ February 2018 briefing.