U.S. authorities have seized a North Korean ship used to sell coal in alleged violation of international sanctions,” the Washington Post reports.
Coming soon to Liberty Maritimes fleet,
Nah I’m betting on Sealift Inc.
TAL still around?
If the ship was seized and was adjudged to be forfeited for a breach of the laws of the United State (sold at auction) it may obtain a Coastwise Edorsement (Jones Act qualified). If that were the case the 1989 built Handysized bulker would worth something.