Bloomberg News

Saudi Arabia Oil Loadings Decline 7.9%, Ship-Tracking Data Show

November 25, 2011

Nov. 25 (Bloomberg) -- Oil tankers able to haul a combined 9.55 million barrels a day went to Saudi Arabia’s Ras Tanura, the world’s largest crude-export terminal, ship-tracking data compiled by Bloomberg show.

Vessels with a total capacity of 9.12 million deadweight tons were at Ras Tanura from Nov. 13 to Nov. 19, down 7.9 percent from the previous seven-day period, 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.

Japan will get the largest share of shipments, with six loadings during the period. Very large crude carriers with a combined capacity of 1.85 million tons, or 13.6 million barrels, are heading for the country after loading at the terminal. Five cargoes are bound for China, totaling 1.48 million tons, or 10.8 million barrels. Oman will get two deliveries, the data show.

Following are the ships that loaded at Ras Tanura, 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: Dan Weeks, Sharon Lindores.

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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