Chinese tankers exit Strait of Hormuz with 4 million barrels of crude oil, data shows
SINGAPORE: Two Chinese supertankers carrying 4 million barrels of Middle East crude oil exited the Strait of Hormuz on Wednesday after waiting in the Gulf for more than two months, shipping data on LSEG and Kpler showed.
Chinese-flagged Very Large Crude Carrier (VLCC) Yuan Gui Yang loaded 2 million barrels of Iraqi Basrah crude on February 27, a day before the US-Israeli war on Iran started, the data showed.
The vessel, chartered by Unipec, the trading arm of Asia’s largest refiner Sinopec, is expected to reach Shuidong Port near Maoming city in southern Guangdong province, on June 4 to discharge its cargo, according to the data.
Hong Kong-flagged VLCC Ocean Lily loaded 1 million barrels each of Qatari Al-Shaheen and Iraqi Basrah crude between late February and early March, the data showed.
