Oil tanker bottleneck builds at Saudi ports after attacks - Reuters
▻https://www.reuters.com/article/saudi-aramco-attacks-tankers-idUSL5N267521
At least 11 supertankers are waiting to load oil cargoes from Saudi Arabian ports after an attack on the country’s oil facilities at the weekend halved the kingdom’s production, ship tracking data showed on Monday.
Each supertanker, or very large crude carrier (VLCC), can carry up to 2 million barrels of oil, and growing disruption to loading operations has caused a build-up of vessels.
Data from analytics company Refinitiv showed at least 11 supertankers waiting to load from the ports of Ras Tanura and Juaymah in the Gulf, compared with five vessels on Thursday.
“The disruption in loading operations over the weekend has also resulted in a pile up of VLCCs at the waiting anchorage” Refinitiv said.