NARRATIVE SUMMARIES OF REASONS FOR LISTING

KPe.020
OCEAN MARITIME MANAGEMENT COMPANY, LIMITED (OMM)
Date on which the narrative summary became available on the Committee's website: 
29 October 2014
Reason for listing: 

Ocean Maritime Management Company, Limited (OMM) was listed on 28 July 2014 as it “contributed to activities prohibited by the resolutions, namely the arms embargo imposed by resolution 1718 (2006), as modified by resolution 1874 (2009), and contributed to the evasion of the measures imposed by these resolutions.”

Additional information: 

Ocean Maritime Management Company, Limited “is the operator/manager of the vessel Chong Chon Gang. It played a key role in arranging the shipment of concealed cargo of arms and related materiel from Cuba to the DPRK in July 2013. As such, Ocean Maritime Management Company, Limited contributed to activities prohibited by the resolutions, namely the arms embargo imposed by resolution 1718 (2006), as modified by resolution 1874 (2009), and contributed to the evasion of the measures imposed by these resolutions. International Maritime Organization (IMO) Number: 1790183.”