Saudi Arabia Tanker Load Capacity Gains 22%, Ship Data Show
The carrying capacity of oil tankers that docked at Ras Tanura, Saudi Arabia’s biggest crude-loading port, gained 22 percent in the latest week, according to ship- tracking data compiled by Bloomberg.
Vessels with a combined capacity of 10.1 million deadweight tons arrived at the facility in the week ended Jan. 28, compared with 8.29 million a week earlier. The ships would be able to haul about 74 million barrels of crude in total, assuming a conversion factor of 7.33 barrels a ton. Japan will be the largest recipient, followed by China and Singapore.
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. 28 Jan. 21
Country Deadweight Share (%) Share (%)
Japan 1,750,694 17.3 18.4
China 1,528,879 15.1 17.9
Singapore 909,759 9.0 5.7
South Korea 618,309 6.1 14.6
U.S. 616,732 6.1 1.8
Taiwan 579,128 5.7
Saudi Arabia 510,993 5.0
India 354,205 3.5 2.9
Oman 317,972 3.1 5.5
Egypt 317,713 3.1 3.7
Kuwait 300,361 3.0
Malaysia 300,294 3.0
Iran 298,732 2.9
U.A.E. 214,233 2.1 18.4
Unspecified 1,530,758 15.1
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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