Global base oils cargo flows: Week of 13 May

·        Taiwan set to resume base oils exports this week after pause of close to two weeks.

·        Large cargo of light and heavy-grade Group II base oils from Taiwan set to reach India in coming week.

·        Singapore takes delivery of large cargo from Thailand in early May 2024, following slowdown in such flows since Q4 2023.

·        Singapore takes delivery of large cargo from US in early May 2024, extending pick-up in such shipments this year.

·        Cargo of Group III base oils from Indonesia reaches northwest Europe in the past week.

·        Cargo, likely of Group III base oils, loads from Indonesia in H1 May 2024, before heading towards China.

·        Last cargo-sized shipment of Group III base oils from Indonesia to China was almost a year ago.

·        Cargo loads from Saudi Arabia in early May 2024 before heading to India, set to arrive in coming week.

·        Cargo loads from Saudi Arabia in early May 2024 before heading to UAE.

·        Cargo loads from Saudi Arabia at end-April 2024 before heading to UAE, set to arrive this week.

·        Shipments head to India/UAE via Red Sea, adding to signs of increasingly regular flows from Saudi Arabia via that route.

·        Cargo loads from Saudi Arabia in H2 April 2024 before heading towards Brazil, set to arrive in coming week.

·        Cargo of Group III base oils loads from Bahrain at end-April 2024, reaches India in past week.

·        Most recent large cargo from Bahrain to India was six months ago.

·        Cargo follows shipment of Group III cargo from UAE to India in early May 2024.

·        Cargo of Group III base oils loads from Bahrain in early-May 2024 before heading towards China, set to arrive in early June 2024.

·        Cargo of Group III base oils loads from Bahrain in H2 March 2024, reaches northwest Europe in recent days.

·        Cargo of Group III base oils loads from UAE in late-March 2024, reaches northwest Europe in recent days.

·        Cargo of Group III base oils loads from Qatar in H2 March 2024, set to reach northwest Europe this week.

·        Cargo loads from northwest Europe in early-May 2024 before heading to West Africa, set to arrive around mid-May 2024.

·        Another cargo loads from northwest Europe at end-April 2024 before heading to Nigeria, expected to arrive in coming week.

·        Cargo loads from northwest Europe around mid-April before heading to Tanzania, set to arrive in H2 May 2024.

·        Cargo loads from Egypt in H2 April 2024 before heading to northwest Europe, arrives in past week.

·        Large cargo loads from US at end-March 2024, set to reach India this week.

·        Cargo loads from US in early April 2024, set to reach India in coming week.