South Korean Delegation Heads to Iran Over Seized Oil Tanker

The South Korean delegation led by Koh Kyung-sok (L) is heading to Iran to negotiate the release of an oil tanker and its crew seized in strategic Gulf waters | AFP
The South Korean delegation led by Koh Kyung-sok (L) is heading to Iran to negotiate the release of an oil tanker and its crew seized in strategic Gulf waters | AFP
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South Korean Delegation Heads to Iran Over Seized Oil Tanker

The South Korean delegation led by Koh Kyung-sok (L) is heading to Iran to negotiate the release of an oil tanker and its crew seized in strategic Gulf waters | AFP
The South Korean delegation led by Koh Kyung-sok (L) is heading to Iran to negotiate the release of an oil tanker and its crew seized in strategic Gulf waters | AFP

A South Korean delegation left for Iran on Thursday to negotiate the early release of an oil tanker and its crew seized in strategic Gulf waters this week.

Iran's Revolutionary Guards said Monday it had seized the South Korean-flagged Hankuk Chemi -- which it said was carrying 7,200 tons of "oil chemical products" -- for infringing maritime environmental laws.

The Guards said the arrested crew were from South Korea, Indonesia, Vietnam, and Myanmar.

The South Korean delegation, led by the director-general of the foreign ministry's Middle Eastern affairs department, boarded a plane early Thursday and was set to arrive in Tehran via Doha.

"I plan to meet my counterpart at the Iranian foreign ministry and will meet others through various routes if it will help efforts to resolve the issue of the ship's seizure," said Koh Kyung-sok, the chief delegate, before boarding the plane.

Iran's seizure of the tanker came after Tehran had urged Seoul to release billions of dollars of Iranian assets frozen in South Korea under US sanctions.

Iran was a key oil supplier to resource-poor South Korea until Washington's rules blocked the purchases.

South Korea's vice foreign minister is due to travel to Tehran next week to discuss the frozen assets, a visit that Seoul said would go ahead despite the seizure.

According to Iran's central bank governor Abdolnasser Hemmati, the country has "$7 billion of deposits in South Korea" that can neither "be transferred nor do we get any returns on, while they ask us for the costs" of holding the funds.

The incident was the first seizure of a major vessel by the Iranian navy in more than a year.

In July 2019, the Guards seized the British-flagged oil tanker Stena Impero in the sensitive Strait of Hormuz for allegedly ramming a fishing boat and released it two months later.

It was at the time widely seen as a tit-for-tat move after authorities in the British overseas territory of Gibraltar detained an Iranian tanker and later released it over US objections.

Tehran denied the two cases were related.

The Guards seized at least six other ships in 2019 over alleged fuel smuggling.



Pay up or Face Climate-Led Disaster for Humanity, UN Chief Warns COP29 Summit

United Nations Secretary-General Antonio Guterres delivers his speech at the UN Climate Change Conference COP29 in Baku, Azerbaijan, 12 November 2024. (EPA)
United Nations Secretary-General Antonio Guterres delivers his speech at the UN Climate Change Conference COP29 in Baku, Azerbaijan, 12 November 2024. (EPA)
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Pay up or Face Climate-Led Disaster for Humanity, UN Chief Warns COP29 Summit

United Nations Secretary-General Antonio Guterres delivers his speech at the UN Climate Change Conference COP29 in Baku, Azerbaijan, 12 November 2024. (EPA)
United Nations Secretary-General Antonio Guterres delivers his speech at the UN Climate Change Conference COP29 in Baku, Azerbaijan, 12 November 2024. (EPA)

United Nations Secretary-General Antonio Guterres told world leaders at the COP29 summit on Tuesday to "pay up" to prevent climate-led humanitarian disasters, and said time was running out to limit a destructive rise in global temperatures.

Nearly 200 nations have gathered at the annual UN climate summit in Baku, focused this year on raising hundreds of billions of dollars to fund a global transition to cleaner energy sources and limit the climate damage caused by carbon emissions.

But on the day of the summit designed to bring together world leaders and generate political momentum for the marathon negotiations, many of the leading players were not present to hear Guterres' message. After victory for Donald Trump, a climate change denier, in the US presidential election, President Joe Biden will not attend. Chinese President Xi Jinping has sent a deputy and European Commission President Ursula von der Leyen is not attending because of political developments in Brussels.

"On climate finance, the world must pay up, or humanity will pay the price," Guterres said in a speech. "The sound you hear is the ticking clock. We are in the final countdown to limit global temperature rise to 1.5 degrees Celsius and time is not on our side."

This year is set to be the hottest on record. Scientists say evidence shows global warming and its impacts are unfolding faster than expected and the world may already have hit 1.5 degree Celsius (2.7 F) of warming above the average pre-industrial temperature - a critical threshold beyond which it is at risk of irreversible and extreme climate change.

As COP29 began, unusual east coast US wildfires that triggered air quality warnings for New York continued to grow. In Spain, survivors are coming to terms with the worst floods in the country's modern history and the Spanish government has announced billions of euros for reconstruction.