Tankers: Saudi Arabia’s Seaborne Crude Oil Exports Up 17.2% in 2022
The shift in seaborne crude oil volumes was rather obvious during 2022, with the surge of exports from Saudi Arabia quite notable. In its latest weekly report, shipbroker Banchero Costa said that “2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession. In the full 12 months of 2022, global crude oil loadings went up +8.5% yo-y to 2,047.3 mln tonnes, excluding all cabotage trade, according to vessels tracking data from Refinitiv. This was well above ...
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