1. Short title This Act may be cited as the Stop Harboring Iranian Petroleum Act or the SHIP Act . 2. Statement of policy It is the policy of the United States— (1) to deny Iran the ability, by limiting Iran’s export of petroleum and petroleum products, to— (A) engage in destabilizing activities; (B) support international terrorism; or (C) fund the development and acquisition of weapons of mass destruction and weapons delivery systems; (2) to deny Iran funds to oppress and commit human rights violations against the Iranian people assembling to peacefully redress the Iranian regime; (3) to fully enforce sanctions against those entities which provide support to the Iranian energy sector; and (4) to counter Iran’s actions to finance and facilitate the participation of foreign terrorist organizations in ongoing conflicts and illicit activities due to the threat such actions pose to the vital national interests of the United States. 3. Imposition of sanctions with respect to Iranian petroleum (a) In general On and after the date that is 90 days after the date of the enactment of this Act, and except as provided in subsection (e)(2), the President shall impose the sanctions described in subsection (c) with respect to each foreign person that the President determines, on or after such date of enactment, engages in an activity described in subsection (b). (b) Activities described A foreign person engages in an activity described in this subsection if the foreign person— (1) owns or operates a foreign port and has knowingly facilitated or accommodated at least 1 designated vessel in landing at such port on or after the date of enactment of this Act for the purpose of transporting Iranian crude oil; (2) knowingly transports, offloads, or otherwise engages in transactions involving petroleum or petroleum products, including petrochemicals, originating from Iran; (3) knowingly owns or operates a vessel used to conduct ship-to-ship transfers of petroleum or petroleum products, including petrochemicals, originating from Iran