Capacity of oil tankers calling at Ras Tanura rose 30% by April-end
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Capacity of oil tankers calling at Ras Tanura rose 30% by April-end

Capacity of oil tankers calling at Ras Tanura rose 30% by April-end

The combined carrying capacity of oil tankers calling at Saudi Arabia's Ras Tanura grew 30% in the week ended April 27, Bloomberg has reported, citing vessel tracking data. The implied capacity of vessels calling at the world's largest crude-export complex climbed to the equivalent of 9.94 million barrels a day from 7.66 million barrels for the prior week, according to signals gathered by IHS Fairplay, a Redhill, England-based maritime research company. The Ras Tanura complex, including Ras al-Ju'aymah, is the biggest global crude terminal, according to Saudi Aramco.

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