Saudi Arabia Tanker Load Capacity Expands 2.8%, Ship Data Show
The carrying capacity of oil tankers that docked at Ras Tanura, Saudi Arabia’s biggest crude-loading port, expanded 2.8 percent last week, according to ship-tracking data compiled by Bloomberg.
Vessels with a combined capacity of 8.88 million deadweight tons arrived at the facility in the week to Jan. 7, compared with 8.64 million a week earlier. The ships would be able to haul about 65 million barrels of crude in total, assuming a conversion factor of 7.33 barrels a ton. Japan will be the largest recipient, followed by the United Arab Emirates.
The following table lists by country the combined deadweight tonnage of tankers that called at Ras Tanura, based on signals from the ships’ captains. Saudi Arabia is the world’s biggest crude exporter.
Week to Week to
Jan. 7 Dec. 31
Country Deadweight Share (%) Share (%)
Japan 2,121,903 24 17.9
U.A.E 1,122,696 13 4.9
U.S. 944,523 11 3.4
China 902,196 10 10
South Korea 611,009 7 14
Unspecified 600,539 7 3.6
Taiwan 559,421 6 0
Thailand 319,994 4 0
South Africa 317,794 4 7.1
Oman 300,955 3 3.7
Brazil 300,361 3 0
Gibraltar 299,999 3 0
Saudi Arabia 210,621 2 7.2
India 154,971 2 0
New Zealand 108,936 1 0
8,875,918
To contact the reporter on this story: Rob Sheridan in London at rsheridan6@bloomberg.net
To contact the editor responsible for this story: Alaric Nightingale at anightingal1@bloomberg.net
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