· Large cargo with combination of light and heavy-grade Group II base oils loads from Taiwan in early-Jan 2025 before heading towards Singapore.· Size of shipment suggests final destination likely to be India.· Cargo loads from South Korea at end-Nov 2024 before heading to US Gulf coast, set to arrive in coming week.· Cargo loadings from South Korea bound for US fall sharply in Dec 2024 from previous month.· Cargo loads from South Korea in H1 Dec 2024 before heading to Brazil, set to arrive in late-Jan 2025.· Cargo of Group III base oils loads from UAE in H2 Dec 2024 before heading to India, arrives in early-Jan 2025.· Cargo of Group III base oils loads from Bahrain at end-Dec 2024 before heading to India, arrives in early Jan 2025.· Cargo loads from Saudi Arabia in H2 Dec 2024 before heading to India, set to arrive this week.· Cargo-loadings of premium-grade base oils from Spain stay lower than usual in Dec 2024, with no large shipments in H2 Dec 2024.· Large cargo loads from northwest Europe in late-Dec 2024 before heading to Singapore, likely to arrive in Feb 2025.· Cargo loads from northwest Europe at end-Nov 2024 before heading to Singapore, set to arrive around mid-Jan 2025.· Cargo loads from US Gulf coast at end-Dec 2024 before heading to Turkey, set to arrive at end-Jan 2025.· Cargo loads from US East coast in H2 Dec 2024 before heading to Nigeria, set to arrive around mid-Jan 2025.· Cargo loads from US Gulf coast in early-Dec 2024 before heading to Nigeria, arrives end-Dec 2024.· Cargo loads from US in H2 Dec 2024 before heading to South Korea, set to arrive in H2 Jan 2025.· Large cargo loads from US Gulf coast in H1 Dec 2024 before heading to South Africa, set to arrive in coming week.· Size of shipment suggests large portion of cargo likely to head on to other outlets like Middle East or India..Global base oils cargo flows: Week of 16 Dec
