Cargo Flows

Global Base Oils Cargo Flows: Week To 12 Dec

Iain Pocock

  • Shipments of Group II heavy grades from Taiwan rise in Dec 2025

  • Premium-grade shipments from Spain stay lower than usual

  • Wave of US cargoes set to reach Brazil in H2 Dec 2025

·         Several more cargoes of Group II base oils load from Taiwan in past week before mostly heading to southeast Asia.

·         Shipments add to surge in Group II exports from Taiwan so far in Dec 2025.

·         Larger share of the volume consists of heavy grades.

·         Large cargo loads from Taiwan in early-Dec 2025 before heading to India, set to arrive in coming days.

·         Cargo of Group III base oils loads from UAE in recent days; size of shipment suggests UAE or India is the likely destination.

·         Cargo-loadings from Saudi Arabia pause so far in Dec 2025, amid ongoing plant-maintenance work.

·         Several small cargoes of premium-grade base oils load from Spain in early-Dec 2025 before heading to outlets in Mediterranean region.

·         Flow of shipments from Spain in past month stays much lower than the previous month.

·         Unusual cargo loads from Turkey in H2 Nov 2025 before heading to India, arrives in recent days.

·         Cargo of Group I base oils loads from US in past week, with final destination unclear.

·         Large cargo of Group II base oils loads from US Gulf coast in early-Dec 2025 before heading to Europe, set to arrive by end of next week.

·         Wave of cargoes load from US Gulf coast in H2 Nov 2025 before heading to Brazil, set to arrive throughout H2 Dec 2025.

·         Cargo loads from US Gulf coast in H1 Nov 2025 before heading to India, set to arrive in coming week.

·         Enquiry for vessel to load large cargo from US Gulf coast around mid-Dec 2025 before heading to West Africa.

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