Saudi Port May Have Loaded 9.4 Million Barrels a Day

(Corrects combined tanker capacity and relative share to each destination in story published April 27.)

Oil tankers able to haul a combined 9.4 million barrels a day went to the Saudi Arabian crude-export terminal at Ras Tanura in the latest week, ship-tracking data compiled by Bloomberg show.

Vessels with a combined capacity of 8.98 million deadweight tons arrived at the port in the week to April 21, compared with 11.3 million tons a week earlier, the data show. To estimate that tonnage in terms of barrels a day, the figure was multiplied by 7.33 to calculate the total barrels and then divided by seven, the number of days in the period.

Some of the ships may not have loaded all their cargoes at Ras Tanura, the data show. South Korea will be the largest recipient, followed by China. The Ras Tanura complex, including Ras al-Ju’aymah, is the world’s biggest crude terminal, according to the website of state-owned Saudi Arabian Oil Co., known as Saudi Aramco.

The first of the following tables lists by country the combined deadweight tonnage of tankers that called at Ras Tanura in the latest week, based on signals from the ships’ captains. The second gives weekly total tonnage for tankers calling at the terminal this year.

                    Week to                       Week to
                    April 21                      April 14
Country             Deadweight     Share (%)      Share (%)
South Korea         1,499,481      16.7            9.2
China               1,474,661      16.4           16.2
Japan               1,196,731      13.3           13.5
Unspecified           893,700      10.0            2.6
U.S.                  780,497       8.7            5.5
India                 635,668       7.1            3.8
South Africa          318,440       3.5            6.9
Philippines           317,800       3.5             --
Thailand              309,960       3.5            2.7
Oman                  309,741       3.4             --
Singapore             304,992       3.4           10.8
Saudi Arabia          207,214       2.3              9
Malaysia              179,589       2.0            2.8
France                158,583       1.8             --
Bangladesh            106,547       1.2             --
UAE                   106,005       1.2            6.3
Egypt                 105,346       1.2             --
Pakistan               73,400       0.8             --
Taiwan                     --       --               5
Sri Lanka                  --       --             2.7
Brazil                     --       --             2.7

Total               8,978,355


                     Total DWT      Total barrels a day
Week ended           (Million)      (Million)
April 14             11.3           11.8
April  7              9.71          10.2
March 31              6.31           6.61
March 24              9.50           9.95
March 17              8.46           8.86
March 10              8.67           9.08
March  3              6.84           7.16
Feb.  25              6.47           6.77
Feb.  18              9.63          10.1
Feb.  11              9.02           9.45
Feb.   4              7.41           7.76
Jan.  28             10.1           10.6
Jan.  21              8.29           8.68
Jan.  14              7.83           8.2
Jan.   7              8.88           9.3

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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