Analysis Court case reveals Chinpo Shipping’s ties to North KoreaOngoing legal proceedings highlight extent of North Korean involvement with trusted foreign partners The ongoing trial in Singapore of Chinpo Shipping and its director Tan Cheng Hoe for making payments to a now sanctioned North Korean shipping company currently awaits a verdict after a two-month, often-delayed court battle. The court proceedings have shed a little light on North Korea’s usually shaded dealings, and how the DPRK makes use of trusted foreign intermediaries. Singapore-based Chinpo is currently accused of making a payment of $72,000 to Panama shipping agent C. B. Fenton and Co. in July 2013, on behalf of the Chon Chong Gang, a ship caught smuggling arms through the © Korea Risk Group. All rights reserved. |