US unveils largest sanctions yet on ships, companies trading with North Korea

U.S. officials did not rule out a military blockade of North Korean vessels.

"I do want to say it, because people have asked -- North Korea -- we imposed today the heaviest sanctions ever imposed on a country before," he said. "Frankly, hopefully, something positive can happen. We will see."

Deemed the largest package of sanctions to date by the Treasury Department, it's the latest move by the U.S. in its global pressure campaign to force North Korea to give up its nuclear and ballistic missile programs, as the country marches on to developing a nuclear-tipped intercontinental ballistic missile.

To that end, the Trump administration is not ruling out the idea of a military blockade to confront North Korean vessels in the event the sanctions don't affect their activity, according to Treasury Secretary Steve Mnuchin.

The U.S. mission to the U.N. will also seek U.N. sanctions on this same list of ships and companies, according to senior administration officials who briefed reporters. Doing so would really give the new move punch, but it's unclear if North Korea's backers China and Russia would sign on to those.

But in the face of those restrictions, North Korea has stepped up ship-to-ship transfers and other evasive tactics, according to a senior administration official.

"We know that North Korea is feeling the pressure," they said, but, "We also want to make sure that we are sensitive to the likelihood that North Korea is going to move toward more evasive actions... [which] we know North Korea is quite practiced at."

Transfers at sea may be far from the eyes of port authorities, but they do come under the watch of satellite images. The Treasury also released two images today, showing what they say are a North Korean ship falsifying its vessel information and the same ship conducting a transfer, likely of oil, with a Panama-flagged ship in December.

The new sanctions are meant to take on that activity and "make sure that the significant reductions in fuel going into North Korea that are mandated by the UN sanctions are unable to be circumvented," as one senior administration official said. The officials declined to say how much of an impact these specific sanctions will have, but Treasury said each of the nine vessels from countries other than North Korea could carry over $5.5 million worth of coal at a time.

But a top Democrat urged the administration to do more, saying, "the so-called 'largest package' of sanctions... yet again fails to apply the kind of targeted economic pressure necessary to bring Kim Jong Un to the negotiating table."

Despite Trump putting Russia on notice last month, there are no Russian entities on Friday's list either.

Instead, the ships and companies blacklisted today are from North Korea, China, Hong Kong, Singapore, Taiwan, Marshall Islands, Tanzania, Panama, and Comoros -- and the one individual is a Taiwanese businessman.

Trump was supposed to announce the sanctions himself in a speech before the Conservative Political Action Conference, or CPAC, a major conservative summit, Friday morning, with the administration touting it as a major announcement. Instead, just before wrapping up, he mentioned it as an aside.

"I do want to say it, because people have asked -- North Korea -- we imposed today the heaviest sanctions ever imposed on a country before," he said. "Frankly, hopefully, something positive can happen. We will see."

For his part, Vice President Mike Pence hailed the announcement as Trump 'delivering' after Pence promised "the toughest and most aggressive round of economic sanctions on North Korea ever" during a press conference with Japanese Prime Minister Shinzo Abe two weeks ago. The sanctions were not ready in time to be unveiled on Pence's trip to Japan and South Korea ahead of the Winter Olympics, according to Mnuchin.

ABC News's Alex Mallin contributed to this report.