Cargo Flows

Global Base Oils Cargo Flows: Week To 23 January

Iain Pocock

  • US shipments to India increase, as wave of shipments reach Nigeria

  • Cargo loadings from Saudi Arabia resume, after sharp slowdown during previous two months

  • Several cargoes from Europe head to India and Singapore amid less regular trade flows

·         Large cargo with combination of light and heavy-grade Group II base oils loads from Taiwan this week, with size of shipment suggesting India is likely destination.

·         Cargo adds to steady flow of shipments in January, keeping Taiwan’s monthly exports high, with heavy grades accounting for a larger share.

·         Cargo loads from South Korea in H1 Dec 2025 before heading to US Gulf coast, arrives in recent days.

·         Singapore takes delivery in past week of largest shipment from China in more than two years.

·         Cargo loads from Singapore in early-Jan 2026 before heading to Europe, set to arrive around mid-Feb.

·         Cargo of Group III base oils loads from Indonesia at end-Nov 2025 before heading to northwest Europe, arrives in recent days.

·         Large cargo loads from Saud Arabia in H2 Jan 2026, with size of shipment suggesting UAE or India is final destination.

·         Shipment follows slump in cargo-loadings from Saudi Arabia for two months to mid-Jan 2026.

·         Large cargo of Group III base oils loads from Bahrain in past week; size of shipment suggests US is likely destination.

·         Cargo of premium-grade base oils set to load from Spain in coming days, with northwest Europe the likely destination.

·         Cargo loads from northwest Europe at end-Dec 2025 before heading to India, set to arrive in H1 Feb.

·         Cargo loads from northwest Europe in H1 Dec 2025 before heading to Singapore, set to arrive this week.

·         Cargo loads from US in recent days before heading to India, set to arrive in early-March.

·         Cargo loads from US at end-Nov 2025 before heading to India, set to arrive in coming week.

Base Oils and Lubricants: Weekly Global Market Review - 23 Jan '26

Singapore’s Domestic Base Oils Exports Dip in Month to 21 Jan

Europe’s Nov Lube Demand Stays Mixed: Spain Rises, France Weakens

China December Base Oil Imports Fall To 17-Month Low, Exports Rise

Platts Launches Group II 70N FOB Asia, CFR India Assessments