Oil tankers calling at Ras Tanura in Saudi Arabia, the world’s biggest crude-export complex, had a total capacity of 8.18 million deadweight tons in the week to May 12, satellite signals from the ships show.
The vessels would be able to carry about 8.57 million barrels a day based on loading of full cargoes, assuming a conversion factor of 7.33 barrels a ton. The prior week’s capacity was 8.40 million tons, or 8.80 million barrels a day.
Some vessels call at other loading ports before or after Ras Tanura, indicating they may have collected partial cargoes elsewhere. 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 9 a.m. London time today. The data are from IHS Inc. The second shows the deadweight tonnage and carrying capacity in barrels of tankers that called each week this year.
Country Deadweight Share Share
Tonnage May 12 May 5
Japan 1,815,059 22.2 17.5
U.S. 902,647 11.0 7.5
South Korea 614,814 7.5 14.6
China 598,077 7.3 10.6
India 544,982 6.7 6.9
Saudi Arabia 514,420 6.3 5.9
Egypt 459,249 5.6 1.9
U.A.E. 455,333 5.6 8.5
Singapore 408,532 5.0 3.8
South Africa 318,068 3.9 5.5
Taiwan 300,955 3.7 3.6
Italy 263,189 3.2 -
Kuwait 112,043 1.4 -
Bahrain 94,225 1.2 11
Unspecified 780,830 9.5 5.5
Total DWT 8,182,423
Total Barrels 59,977,161
Barrels/Day 8,568,166
Total DWT Total barrels a day
Week ended (Million) (Million)
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
Source: Bloomberg