Tanker Bound for China Diverted After U.S. Sanctions Hit Rizhao Port

Tanker Bound for China Diverted After U.S. Sanctions Hit Rizhao Port

A Very Large Crude Carrier heading for the Chinese port of Rizhao has been diverted to another port, after the U.S. Treasury imposed sanctions on the Rizhao oil terminal as part of a new pressure campaign on China for its purchases of Iranian crude. Washington announced the new sanctions at the end of last week, targeting more than 100 individuals, tankers, and an independent refiner, along with the Rizhao Shihua Crude Oil Terminal. “The Treasur…

Sinopec Reroutes Supertanker After U.S. Sanctions Key Chinese Port

Image for representation purposes only Chinese oil and gas company, Sinopec, has rerouted a supertanker and instructed some of its refineries to reduce crude processing following U.S. sanctions on a major Chinese oil terminal, according to ship tracking data and Chinese consultancies. The supertanker New Vista, which is carrying 2 million barrels of Abu Dhabi’s Upper Zakum crude, was originally scheduled to discharge at the Rizhao port in Shando…

China-bound tanker hijacked after US sanctions on Rizhao port - Economic Scenarios

A large tanker bound for the Chinese port of Rizhao has been diverted to another port after the U.S. Treasury imposed sanctions on the Rizhao oil terminal as part of a new campaign to pressure China over its purchases of Iranian crude. Washington announced new sanctions late last week, targeting more than 100 people, oil tankers, and an independent refinery, along with the Rizhao Shihua oil terminal. "The Treasury Department is reducing Iran's c…

Sinopec diverts supertanker from US-sanctioned port, ship tracking data shows – Oil & Gas 360

(BOE Report) – The latest U.S. sanctions on a major Chinese crude oil terminal have forced refining group Sinopec to divert a supertanker and ask some plants to cut crude processing rates, according to ship tracking data and Chinese consultancies.   A supertanker carrying oil to the Chinese port of Rizhao in Shandong province changed its destination over the weekend after the U.S. imposed sanctions on an import terminal at the port on Friday, LSE

Sinopec Diverts Supertanker From US-sanctioned Port

The latest U.S. sanctions on a major Chinese crude oil terminal have forced refining group Sinopec to divert a supertanker and ask some plants to cut crude processing rates, according to ship tracking data and Chinese consultancies.

Sinopec Diverts Supertanker from US-Sanctioned Port, Ship Tracking Data Shows - Energy News, Top Headlines, Commentaries, Features & Events

The latest U.S. sanctions on a major Chinese crude oil terminal have forced refining group Sinopec to divert a supertanker and ask some plants to cut crude processing rates, according to ship tracking data and Chinese consultancies. A supertanker carrying oil to the Chinese port of Rizhao in Shandong province changed its destination over the ...