Ras Tanura Tankers’ Capacity Seen Sliding 17% by Tracking Data

The capacity of oil tankers calling at Saudi Arabia’s Ras Tanura, the world’s biggest crude-export facility, slid 17 percent in the week to Aug. 11, according to signals from the vessels.

Crude oil carriers with a total of 6.89 million deadweight tons in transportation capacity, or 7.22 million barrels a day assuming a conversion factor of 7.33 barrels a ton, called at the facility during the period, according to the transmissions captured by IHS Inc. (IHS) That compares with 8.35 million tons in the preceding week.

Tankers shipping oil from the Persian Gulf can load at more than one port, meaning not all the vessels listed below necessarily collected all their cargoes at Ras Tanura.

The Ras Tanura complex, including Ras al-Ju’aymah, is the largest global crude terminal, according to the website of Saudi Arabian Oil Co., known as Saudi Aramco.

The first table below lists the destination countries of tankers calling at Ras Tanura in the latest week as of about 10:30 a.m. London time today. The second table shows the deadweight tonnage and carrying capacity in barrels of tankers that called each week this year.

Country               Deadweight     Share          Share
                      Tonnage        Aug. 11        Aug. 4
U.S.                  1,872,375      27.2           3.6
Japan                 1,570,204      22.8           18
U.A.E.                  737,740      10.7            3.6
South Korea             635,307       9.2           12
Saudi Arabia            415,915       6.0            7.4
India                   368,875       5.4            7.2
South Africa            305,870       4.4
Egypt                   304,996       4.4            9.3
Malaysia                300,246       4.4
France                  159,158       2.3
Spain                   115,325       1.7
Bangladesh              106,547       1.5
Total DWT             6,892,558
Implied Barrels/Day   7,217,493
Total Barrels        50,522,450

                         Total DWT      Total barrels a day
Week ended               (Million)      (Million)
Aug. 11                  6.89           7.22
Aug. 4                   8.35           8.74
July 28                  7.73           8.1
July 21                  8.83           9.25
July 14                  9.04           9.46
July 7                   9.15           9.58
June 30                  7.06           7.39
June 23                  9.13           9.56
June 16                  8.44           8.84
June 9                   8.94           9.36
June 2                   8.30           8.69
May 26                   8.03           8.41
May 19                   8.71           9.12
May 12                   8.18           8.57
May  5                   8.40           8.80
April 28                 11             11.6
April 21                 8.98            9.4
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: Claudia Carpenter at ccarpenter2@bloomberg.net

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