Three vessels are now forced to drift at sea after the US imposed sanctions on them on January 10.
Three tankers carrying more than two million barrels of Russian oil are stuck in the east China sea after US sanctions were imposed on them on January 10. This was reported by the Bloomberg news agency.
The Huihai Pacific tanker was scheduled to arrive at Dongjiakou in Shandong province on January 15 after loading nearly 770,000 barrels of ESPO oil from the Russian Pacific port of Kozmino earlier this month. However, over the weekend the tanker changed direction and is now parked at sea with its cargo.
The Mermar left Kozmino on January 5 with more than 755,000 barrels of ESPO and was supposed to call at the Yantai port this week but is now waiting on shore. The Olia left the Russian port on January 7 with about 709,000 barrels of this type of oil and was also headed for Yantai, but is now in the Yellow Sea.
The US imposed the restrictions just days after multi-port operator Shandong Port Group Co. called on terminals to stop accepting sanctioned tankers.
The sanctions hit several tankers and at least one trader who actively trades in the ESPO grade of oil preferred by independent Chinese refiners.
Let’s remember that the day before the United States imposed large-scale sanctions against Russian oil and Russia’s “shadow fleet”.
China has banned “shadow” tankers from entering ports
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.