Weapons including rocket launchers, detonators, munitions and ammunition for rocket-propelled grenades were seized on Aug. 14 in the United Arab Emirates from the ANL-Australia, an Australian-owned vessel flying the Bahamas flag.
The weapons were being shipped in violation of U.N. sanctions, imposed after North Korea's second nuclear test in May, which ban Pyongyang from selling arms to other states.
Asked about the seizure, Albanese told Channel Nine the Australian government was "investigating the circumstances around this event".
"Certainly in terms of the next step forward, we are investigating as to whether there have been any breaches of Australian laws. If there have been, that will be referred to the appropriate police authorities," Albanese said.
The ANL-Australia Is operated by ANL, the Australian arm of French-based shipping conglomerate CMA CGM. A spokesperson for the company was not immediately available for comment.
Western diplomats have said the cargo was deceptively labelled and the cargo manifest was inaccurate.
Diplomats have said both North Korea and Iran appeared to be in breach of U.N. Security Council resolution 1874, which banned all arms exports from North Korea and authorised states to search suspicious ships and seize and destroy banned items.
The U.N. Security Council sent letters to Tehran and Pyongyang on Aug. 25 informing them of the seizure and demanding a response within 15 days.
The resolution was imposed after North Korea's second nuclear test in May. The council imposed sanctions on Pyongyang after its first test in October 2006 but they were never enforced, mainly because China showed no interest in seeing them implemented. (Editing by Tim Pearce; Sydney Newsroom +612 6273 2730)
