Some ports began operating even before the measures taken by the United States. In particular, the Chinese Shandong Port Group introduced a similar ban early on.
About 65 oil tankers have anchored in various locations around the world since the US announced a new round of sanctions on January 10, Reuters reported.
According to MarineTraffic and ship tracking service LSEG, on January 13, five of these tankers anchored near Chinese ports, seven more anchored off the coast of Singapore, and the rest stopped off the coast of Russia in the Baltic Sea and the Far East. .
The US Treasury Department on January 10 imposed sanctions against Russian oil producers Gazprom Neft and Surgutneftegaz, as well as against 183 ships carrying Russian oil. The sanctions target revenues used by Moscow to finance its war in Ukraine.
Some ports began to move in this direction even before the steps recently taken by the United States. Shandong Port Group has banned US-sanctioned tankers from its ports, traders said last week.
Analysts estimate that nearly 10% of the world’s oil tanker fleet is subject to US sanctions.
Some charterers scrambled to book vessels after the sanctions were announced, signaling a reduction in ship supply.
Let’s remember that the day before the United States initiated large-scale sanctions against Russian oil and Russia’s “shadow fleet”.
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.