Second Supertanker Seen Loading at Saudi Oil Hub in Persian Gulf

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Or sign-in if you have an account.(Bloomberg) — A second supertanker appeared moored at Saudi Arabia’s main oil export terminal inside the Persian Gulf, a further sign that loadings at the hub may be picking up as the kingdom’s alternative shipping route through the Red Sea comes under threat.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountA satellite image from the European Union’s Sentinel 2 orbiter, captured on Thursday, showed another very large crude carrier — capable of loading about 2 million barrels of crude — moored at one of Ju’aymah’s single-point moorings, which form part of the giant Ras Tanura oil export complex. A nearby mooring where a different tanker had been berthed on Tuesday was empty.Saudi Energy Ministry officials were not immediately available for comment. Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThroughout the Iran war, Saudi Arabia has diverted much of the oil traditionally shipped from the Persian Gulf to export terminals on its western Red Sea coast — an escape valve that helped prevent a damaging oil price spike. But that workaround is facing a growing threat from the Houthi rebels in Yemen, who are allied with Iran and have vowed to attack ships calling at Saudi ports.The danger was underscored on Thursday as the Houthis claimed another attack on Saudi Aramco’s Jazan refinery on the Red Sea. It’s the second time in less than a week that the site has been attacked.Other Persian Gulf producers, led by the United Arab Emirates, have managed to ferry millions of barrels out of the region in recent weeks on so-called shuttle runs by taking steps to avoid detection. US Energy Secretary Chris Wright said Tuesday that 9 million barrels a day have escaped in the past week, almost half prewar volumes.The supertanker observed in Tuesday’s satellite imagery was the first vessel of its size to be seen at the Ras Tanura complex for almost a month. For safety reasons, most ships stopped transmitting automated position signals while in the region at the start of the conflict, making it harder to track movements.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. 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