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Kim Jong-un’s yacht trip suspected of violating sanctions

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Kim Jong-un’s yacht trip suspected of violating sanctions


Kim Jong-un, the supreme leader of North Korea, toured the country’s east coast last month in a 95-foot luxury yacht that could be prohibited under UN sanctions imposed for the country’s nuclear and missile tests.

The Korean Central News Agency released a photograph of Kim on May 28 that showed him walking along a dock with the starboard side of a luxury boat visible to the right of the picture. A website that tracks events in the isolated state said that the yacht, a Princess 95MY, was possibly a recent acquisition, although it had no evidence for when the boat was purchased.

“Given we launched the 95MY some years ago, many of them will have since changed hands on the private brokerage market,” said Will Green, the sales director for Princess Yachts International. The company is part of LVMH, the world’s top luxury group by sales. New sanctions were imposed on North Korea in March in response to the country’s third nuclear test on February 12, and gave examples of luxury items banned from being imported, such as yachts and racing cars.

In 2009, Austrian and Italian authorities seized two luxury yachts that had been sold to North Korea.

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