After a reduction of the original $1 million penalty, Pyongyang paid $693,333.10, said canal administrator Jorge Quijano.
The ship is returning to Cuba, Quijano said. He said the fine had been reduced because North Korea accepted the Canal Authority’s statement saying they endangered the waterway, and gave false information about the shipment.
Panama’s government had asked the United Nations to send a mission to determine whether the shipment violated the UN arms embargo against North Korea.
Last month, Panamanian authorities released 32 of the 35 North Koreans detained since July. The remaining three North Koreans — the vessel’s captain, first officer and political secretary — face trial on arms trafficking charges.