Bloomberg News

Saudi Arabian Oil Port May Have Loaded 7.2 Million Barrels a Day

October 14, 2011

Oct. 14 (Bloomberg) -- The largest crude oil tankers that can carry about 7.2 million barrels a day went to Saudi Arabia’s Ras Tanura, the world’s largest export facility, ship-tracking data compiled by Bloomberg show.

Very large crude carriers, or VLCCs, with a combined capacity of about 6.9 million deadweight tons were at the terminal from Oct. 2 to Oct. 8. To estimate that tonnage in terms of barrels a day, the figure was first multiplied by 7.33 to calculate the total barrels and then divided by seven, the number of days in the period.

Japan will get the largest share of shipments loaded during the seven-day period for a second straight week. Six VLCCs with a combined capacity of 13 million barrels of crude are sailing for the country after loading at Ras Tanura. Shipments of crude to Singapore from Ras Tanura totaled 4.4 million barrels, down 15 percent from 5.2 million barrels in the previous seven-day period, the data show.

Following are the ships loading in Saudi Arabia, the companies that hired them and estimated times of arrival, where data are available. Drafts are expressed as a percentage of maximum sailing depth and are an indication of cargo size.

--Editors: Claudia Carpenter, Dan Weeks

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


American Apparel's Future
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus