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#1
24-07-2015, 04:00 PM
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Obama pissed at Gay Loong, for letting North Korea smuggle weapons on Sinkie ships
An honorable member of the Coffee Shop Has Just Posted the Following:
US hits Singapore shipping firm over North Korea ties Washington has blacklisted the shipping company for allegedly supporting illicit arms shipments to North Korea. The sanctions are part of US efforts to curb the nuclear threat of the Hermit Kingdom. The US has blacklisted a Singapore-based shipping company believed to be facilitating illegal weapons shipments to North Korea. The US Treasury Department said it had imposed financial sanctions on Senat Shipping Company and the firm's president, Leonard Lai. The asset and property freeze also targets another vessel, "Dawnlight," in which Senat has an interest. The move bars any US entities or citizens from conducting business with the company. Washington said Senat was "linked" to Ocean Maritime Management Company (OMMC), a North Korean shipping company whose Chong Chon Gang vessel was seized by Panamanian authorities in 2013 for carrying undeclared military equipment from Cuba. The lethal cargo was hidden under tons of neatly stacked sugar bags. According to the Treasury Department's Office of Foreign Assets Control (OFAC), Senat had arranged "the purchase, repair, certification, and crewing of OMMC vessels." Nuclear ambitions The crackdown is part of Washington's efforts to curb the nuclear threat of Pyongyang. “Arms shipments transported by OMMC serve as a key resource for North Korea's ongoing proliferation activities. Sales from these shipments contribute to North Korea's other illicit programs,” said the Treasury Department's Acting Under-Secretary for Terrorism and Financial Intelligence, Adam J. Szubin. “We are working to make it as challenging as possible for North Korea to continue its unlawful behavior by actively targeting anyone or any business that supports these illicit arms transfers.” Regular threats to annihilate the US and its allies have all but cut off the Hermit Kingdom from international trade. Click here to view the whole thread at www.sammyboy.com. 
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