Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionShandong province formed the Shandong Port Group in 2019, uniting the province's major ports, including Qingdao Port, Yantai Port, and Rizhao Port. The Group reported a cargo handling capacity of more than 1.6 billion metric tonnes in 2022.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionShandong Port Group has banned tankers under U.S. sanctions from entering its ports in the eastern Chinese province, home to many independent refineries that are the biggest importers of oil from countries under U.S. embargo. The province imported about 1.74 million barrels per day (bpd) of oil from Iran, Russia and Venezuela last year, accounting for about 17 percent of China's imports.