Two-month Persian Gulf tanker logjam begins to clear as ships exit Strait of Hormuz

The vessel, owned by Chinese major Sinochem, is expected to reach Quanzhou Port in eastern Fujian province on June 5 to discharge its cargo.

Sinopec, Sinochem and COSCO Shipping, which own and manage Yuan Gui Yang, did not immediately respond to requests for comment. Last week, VLCC Yuan Hua Hu exited the strait with two million barrels of Iraqi oil and headed for eastern China's Zhoushan Port.

Separately, Cypriot-flagged VLCC Grand Lady has entered the Strait of Hormuz with its transponder off, LSEG data showed. The empty tanker is anchored off Dubai, LSEG data showed. The tanker's manager Eastern Mediterranean Maritime could not be immediately reached for comment.

(Reporting by Florence Tan in Singapore, Kyu-seok Shim and Joyce Lee in Seoul; Editing by Jacqueline Wong, Lincoln Feast and Sharon Singleton)