Saudi oil supertankers arriving on the east coast of the United States have begun to experience serious unloading problems, Bloomberg reports.
Typically, the process takes 4-6 days, but at present, ships that hold about two million barrels wait much longer. So, Dalian was only half-loaded, although it arrived at the port on May 1, and Lulu and Aslaf spent two weeks.
The reason was the lack of small vessels with a capacity of about 600 thousand tons, which are used to transport raw materials to land. Moreover, in the near future the situation may worsen significantly.
If at the usual time seven supertankers from Saudi Arabia were sent to the USA, then in April, according to Peter Sand, the chief analyst for shipments in the BIMCOO industry group, there were 18 of them and they were still on their way.
The shortage of small vessels is due to the fact that oil producers began to use them to store raw materials for which there is no demand. At first, supertankers were used for this purpose, but when they disappeared from the market, ships with a capacity of up to 800 thousand barrels were also used. At the end of April, the cost of their freight reached record levels, so the possibility of using ships for unloading is limited.
Saudi Arabia in April increased oil supplies to the United States four times compared with the February level. At the same time, American miners in the same period experienced problems with demand for oil.