Saudi Arabia loaded multiple cargoes in May, with recent shipments heading to Northwest Europe and Fujairah
Taiwan's second-half May shipments rose from the first half, with total May volumes likely to exceed April
South Korea cargo flows pointed to renewed US Gulf coast flows in early June, with another cargo loaded in the past week bound for the US Gulf coast
Asia
· Several more cargoes of Group II base oils loaded from Taiwan in the past week, with shipments heading mostly to Southeast Asia.
· Taiwan’s base oils exports rose in second-half May from the first half, with total May volumes likely exceeding April levels but still lagging March.
· Large cargo set to load from South Korea in early June; size of shipment pointed to US Gulf coast as the likely destination.
· Cargo loaded from South Korea in the past week before heading to the US Gulf coast, set to arrive in early July.
· Enquiry for vessel to load cargo from India in first-half June, with Asia or Americas as destination options.
Middle East
· Large cargo loaded from Saudi Arabia in late May before heading to Fujairah, set to arrive in first-half June; shipment size suggested it could continue to outlet such as India.
· Cargo loaded from Saudi Arabia in the past week before heading to Northwest Europe, set to arrive in first-half June.
· Cargo loaded from Saudi Arabia in mid-May before heading to Northwest Europe, set to arrive in first-half June.
Europe
· Cargo set to load from Spain at end-May, with India the likely destination.
· Cargo loaded from Northwest Europe in early April before heading to India, set to arrive in the coming week.
Americas
· Cargo loaded from the US Gulf coast in the past week before heading to South Africa; shipment size pointed to the cargo then continuing to other outlets such as India.
· Cargo loaded from Brazil in early May before heading to India, set to arrive in early June.