Gulf Insider
The wait is over: after the Arabian Gulf side of the Hormuz Strait had turned into a bit of a parking lot late last week as tankers piled up hoping to use the ceasefire and make the crossing, two Chinese supertankers loaded with crude sailed through the Strait of Hormuz hours after a Greek vessel moved through the waterway, marking a significant uptick in oil shipping traffic. It represents the biggest day of oil exits through Hormuz since the war caused traffic through the waterway to all but halt six weeks ago. More importantly, none of the ships are carrying Iranian oil or has obvious, direct links to the country. The two Chinese supertankers are the Cospearl Lake and the He Rong Hai. The Greek one is Serifos. The Serifos and the He Rong Hai loaded their cargoes in Saudi Arabia, while the Cospearl Lake did so in Iraq, the tracking data show. All three tankers sailed eastward via south of Iran’s Larak Island, a new route outlined by Iran’s navy last week. The duo were in the Gulf of Oman by Saturday morning, ship-tracking data shows. The two Chinese supertankers are the first from the Asian nation observed taking barrels out of the […]
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