US wins ownership of seized North Korean vessel

US wins ownership of seized North Korean vesselThe United States was awarded ownership of a North Korean cargo ship that was seized for violating international sanctions, the US Justice Department said. The Wise Honest — the first North Korean vessel to be seized by the US for sanctions violation — was caught carrying a $ 3 million shipment of coal in Indonesian waters last year and later handed over to the US. The latest ruling by the Southern District of New York finalises the US government’s seizure of the North Korean vessel and ends its use in a “criminal scheme”, the Justice Department said in a statement.

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