Heavily laden vessels bound for Chinese ports navigated the tense maritime chokepoint, as Tehran rolled out a new military-backed authority to manage the waterway
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COSCO Shipping's Yuan Gui Yang. The vessel is the group's last very large crude carrier (VLCC) to sail out of the Strait of Hormuz.
As Chinese supertankers cross Strait of Hormuz, is the crisis starting to ease?
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A VLCC, an LPG ship and a couple of bulk carriers, all linked to Iran, were among the vessels seen exiting the Gulf early Sunday.
