neutral
27 days agoUnipec diverts supertanker after sanctions, highlighting crude flow risks
Chinese oil trader Unipec diverted a supertanker away from Shandong after new U.S. sanctions complicated discharge plans, underscoring fragility in crude logistics under tightened compliance. The diversion may spur demurrage, prompt rerouting costs and influence regional benchmarks. Traders said supply chains are recalibrating as sanctions risk interacts with weak prices and refinery runs. Market focus remains on whether diversion becomes systemic or isolated, affecting Asia’s import mix, shipping day rates, and refinery margins over coming sessions.
Reuters• By Sneha Pathak
Explore:Mutual Fund Categories
neutral
27 days agoUnipec diverts supertanker after sanctions, highlighting crude flow risks
Chinese oil trader Unipec diverted a supertanker away from Shandong after new U.S. sanctions complicated discharge plans, underscoring fragility in crude logistics under tightened compliance. The diversion may spur demurrage, prompt rerouting costs and influence regional benchmarks. Traders said supply chains are recalibrating as sanctions risk interacts with weak prices and refinery runs. Market focus remains on whether diversion becomes systemic or isolated, affecting Asia’s import mix, shipping day rates, and refinery margins over coming sessions.
Reuters• By Sneha Pathak
Explore:High Return Equity Mutual Fund
1 min read
76 words
Sanctions force Unipec tanker diversion, adding friction to Asia crude flows.
Chinese oil trader Unipec diverted a supertanker away from Shandong after new U.S. sanctions complicated discharge plans, underscoring fragility in crude logistics under tightened compliance. The diversion may spur demurrage, prompt rerouting costs and influence regional benchmarks. Traders said supply chains are recalibrating as sanctions risk interacts with weak prices and refinery runs. Market focus remains on whether diversion becomes systemic or isolated, affecting Asia’s import mix, shipping day rates, and refinery margins over coming sessions.
Chinese oil trader Unipec diverted a supertanker away from Shandong after new U.S. sanctions complicated discharge plans, underscoring fragility in crude logistics under tightened compliance. The diversion may spur demurrage, prompt rerouting costs and influence regional benchmarks. Traders said supply chains are recalibrating as sanctions risk interacts with weak prices and refinery runs. Market focus remains on whether diversion becomes systemic or isolated, affecting Asia’s import mix, shipping day rates, and refinery margins over coming sessions.
Companies:
Unipec
Tags:
crude oil
sanctions
crude oil
sanctions
shipping
China
Asia energy
Oct 13, 2025 • 07:20 IST