AmericasAsiaDry Cargo

US to sell detained North Korean ship

The US Marshals Service (USMS), which has custody of the North Korean-owned ship Wise Honest, is looking to sell the seized vessel.

The USMS oversees managing and selling assets seized by the US through the Justice Department’s Asset Forfeiture Program.

A federal court in New York has authorised the sale of the ship, which was impounded in Indonesia and taken to American Samoa earlier this year.

The court’s decision follows a claim filed by the parents of Otto Warmbier, an American student who died shortly after returning to the US from detention in North Korea. Some of the proceeds of the sale of the ship could go to the Warmbier family.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
Back to top button