China’s Shandong Port Group announced on Monday a prohibition against U.S.-sanctioned oil vessels accessing its port network, as reported by three traders. This move could limit the entry of blacklisted vessels into significant energy terminals along China’s eastern coastline.
The notice, which was shared with Reuters by two traders and corroborated by a third, explicitly prohibits ports from allowing docking, unloading, or providing services to vessels listed by the Office of Foreign Assets Control under the U.S. Department of Treasury.
Shandong Port Group manages key ports on the eastern coast of China, including Qingdao, Rizhao, and Yantai, which serve as crucial terminals for the importation of sanctioned oil. Shandong Port Group has not provided any comments on this matter.
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