Bloomberg News

Saudi Arabia Oil Loaders Fall 31%, Ship-Tracking Data Show

December 09, 2011

Dec. 9 (Bloomberg) -- Oil tankers able to haul a combined 6.1 million barrels a day of crude 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 5.8 million deadweight tons were at Ras Tanura from Nov. 27 to Dec. 3, 31 percent less than the previous seven-day period, the data show. The figure was multiplied by 7.33 and then divided by seven to estimate a barrels-a-day equivalent.

China will get the largest share of shipments, with four loadings during the period. Very large crude carriers with a combined capacity of 1.23 million tons, or 9.05 million barrels, are heading for the country after loading at the terminal. Three cargoes are bound for India.

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: John Deane, Claudia Carpenter

To contact the reporter on this story: Alaric Nightingale at anightingal1@bloomberg.net

To contact the editor responsible for this story: Stuart Wallace at swallace6@bloomberg.net


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