China’s Key Oil Port to Roll Out Measures That Curb Shadow Fleet

Some terminal operators at China’s Qingdao Port, which handles around one-sixth of the country’s crude intake, will impose new restrictions on old tankers — a move widely seen as targeting vessels that carry sanctioned oil from Iran and other sensitive suppliers.

Measures include a ban on tankers that are 31 years or older from berthing, along with ships that have altered their International Maritime Organization identities or have invalid certifications, according to a notice seen by Bloomberg News. The actions will take effect from Nov. 1, it said.