This subsidiary of Hong Kong-listed Jinhui Holdings was spotted in February 2008 in Laayoune harbour loading a cargo of New Zealand-bound phosphate.
The company is registered on only place in the world: Oslo Stock Exchange. The trade is in violation of advice from the Norwegian Ministry of Foreign Affairs, and with the wishes of the people of Western Sahara, the Sahrawis. The company’s biggest Norwegian shareholder, Storebrand, raised the trade in a conference call with Jinhui’s management, which promised not to make the same mistake again.
"Being headquartered in Asia, we confess we knew nothing about Western Sahara. We've only had this one charter ... but now that we understand the issue we will not directly contract any more business out of there", said the company's vice-president Raymond Ching to South China Morning Post on 11th of May 2008.
Read more: SCMP: A line in the sand
Pacific Basin Shipping
Vessels owned by Hong Kong’s Pacific Basin Shipping have been involved in the transportation of phosphate rock from Western Sahara’s Bou Craa mines to Australia and New Zealand.
Read more: South China Morning Post: A matter of social duty and fertiliser Another Hong Kong vessel involved in plundering
Morocco occupies the major part of its neighbouring country, Western Sahara. Entering into business deals with Moroccan companies or authorities in the occupied territories gives an impression of political legitimacy to the occupation. It also gives job opportunities to Moroccan settlers and income to the Moroccan government. Western Sahara Resource Watch demands foreign companies leave Western Sahara until a solution to the conflict is found.
At COP22, beware of what you read about Morocco’s renewable energy efforts. An increasing part of the projects take place in the occupied territory of Western Sahara and is used for mineral plunder, new WSRW report documents.
Big oil’s interest in occupied Western Sahara has taken a dramatic turn for the worse. Some companies are now drilling, in complete disregard of international law and the Saharawi people’s rights. Here’s what you need to know.