Taiwan stepped up loadings, with shipments likely bound for China and Southeast Asia, while an earlier shipment reached India
Europe shipped cargoes to India, West Africa and Singapore, extending strong long-haul export flows
A South Korea cargo reached the US, while another US-bound shipment remained en route
Asia
· Cargo loadings from Taiwan gathered pace in the past week, with several shipments of light and heavy-grade base oils loading in the coming days; China and Southeast Asia are the likely destinations.
· Cargo loaded from Taiwan in early June before heading to India, arrived in recent days.
· Singapore took delivery of another cargo from Europe, adding to a sustained wave of shipments from that market in recent weeks.
· Cargo loaded from South Korea at end-April before heading to the US, arrived this week.
· Large cargo set to load from South Korea in the coming week, with the size of the shipment pointing to US as the likely destination.
Middle East/Europe
· Cargo loaded from Saudi Arabia last week before heading to Egypt, arrived in recent days.
· Large cargo set to load from Saudi Arabia in the coming week, with the size of the shipment pointing to India as the likely destination.
· Cargo loaded from Northwest Europe in first-half May before heading to India, set to arrive in the coming days.
· Cargo loaded from Northwest Europe in the past week before heading to West Africa, set to arrive by end-June.
· Cargo of premium-grade base oils set to load from Spain at end of the week, with recent vessel activity pointing to India as a likely destination.
· Cargo loaded from Northwest Europe around mid-May before heading to South Africa, arrived in past week. Shipment then continued on to Singapore.
Americas
· Cargo of Group II base oils loaded from US Gulf coast in the past week before heading to South Africa, set to arrive around mid-July.
· Cargo of Group II base oils loaded from US Gulf coast in early June before heading to Morocco, arrived in recent days.
· Cargo of premium-grade base oils loaded from US around mid-May before heading to Argentina, arrived in recent days.
· Cargo of Group II base oils loaded from US in early May before heading to Singapore, set to arrive this week.