U.S. Sanctioned Tanker Discharges Russian Oil At China’s Shandong Port

A tanker newly added to the U.S. sanctions list has discharged Russian oil at a port operated by Shandong Port Group in eastern China.

According to shipping data from LSEG Eikon, this is the first such discharge in Shandong province since the U.S. imposed sanctions on Russian oil shipments last week.

The Panama-flagged crude oil tanker, Mermar, docked at Longkou port in Yantai city on Wednesday after floating since Saturday. The tanker carried 80,000 metric tons or about 600,000 barrels, of Russian ESPO Blend crude oil that was loaded on January 6 at Kozmino Port on Russia’s east coast.

The sanctions include a grace period for cargoes that were loaded before January 10 and unloaded before March 12.

Some companies have halted their s…

CONTINUE READING THE ARTICLE FROM MarineInsight HERE