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On July 4, a Hong Kong-flagged very large crude carrier (VLCC) named Long Wind sailed out of the Persian Gulf through the Strait of Hormuz.
In Depth: New Gulf Oil Shipping Model Emerges as Supertankers Shun Strait of Hormuz
With many Chinese and international supertankers unwilling to risk the volatile passage, a new offshore ship-to-ship transfer model is emerging in the Gulf of Oman to move crude from Persian Gulf producers to global buyers
117 words~1 min read
