The North Korean authorities will pay $666,666 for the release of the Chong Chon Gang, the DPRK vessel stopped for carrying military equipment from Cuba through the Panama Canal, in addition to freeing 32 of the 35 strong crew.
Panama’s foreign minister, Fernando Nunes said on Thursday that the vessel, which is owned and managed by Pyongyang based Chongchongang Shipping, will be released 'immediately' after receipt of the payment.
The North Korean authorities will pay $666,666 for the release of the Chong Chon Gang, the DPRK vessel stopped for carrying military equipment from Cuba through the Panama Canal, in addition to freeing 32 of the 35 strong crew.
Panama’s foreign minister, Fernando Nunes said on Thursday that the vessel, which is owned and managed by Pyongyang based Chongchongang Shipping, will be released 'immediately' after receipt of the payment.
Become a member for less
than $5.75 per week.
-
Unlimited access to all of NK News: reporting, investigations,
analysis
-
The NK News Daily Update, an email newsletter to keep you in
the loop
-
Searchable archive of all content, photo galleries, special columns
-
Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting,
investigations, and analyses by our team of DPRK experts.
Subscribe
now
All major cards accepted. No commitments – you can cancel any time.
SHARE
COPY LINK
X
MASTODON
