Global base oils cargo flows: Week of 18 Nov

·        Base oils cargo loadings from Taiwan remain relatively slow in H1 Nov 2024, with most shipments bound for southeast Asia and India.

·        Cargo loads from Taiwan in past week before heading to India, set to arrive by end-Nov 2024.

·        Large cargo loads from South Korea in past week before heading to US Gulf coast, set to arrive in H2 Dec 2024.

·        Cargo volume from South Korea set to reach US in Dec 2024 remains low so far, especially vs Nov 2024.

·        Wave of October-loading shipments from South Korea set to reach US Gulf coast this and next week.

·        Large cargo of Group III base oils from UAE set to reach US Gulf coast this week.

·        Cargo of Group III base oils loads from Bahrain in early Nov 2024 before heading to Europe, set to arrive in H2 Dec 2024.

·        Cargo loads from Saudi Arabia in early Nov 2024 before heading to India, arrived in recent days.

·        Cargo loads from Saudi Arabia around mid-Nov 2024 before heading to Egypt, set to arrive in coming week.

·        Cargo loads from Saudi Arabia in H1 Nov 2024 before heading to Pakistan, set to arrive in coming week.

·        Swathe of cargoes reaches or set to reach Nigeria.

·        Cargo loads from US east coast in H2 Oct 2024 before heading to Nigeria, set to arrive this week.

·        Cargo loads from UAE in H1 Oct 2024 before heading to Nigeria via South Africa, set to arrive in late-Nov 2024.

·        Cargo loads from Europe in H1 Oct 2024 before heading to Nigeria, set to arrive this week.

·        Cargo loads from Black Sea region in late Sept 2024 before heading to Nigeria, arrived in H1 Nov 2024.

·        Cargo loads from US Gulf coast in early Oct 2024, set to reach India this week.

·        Large cargo of loads from Spain at start of this week, with destination unclear.

·        Size of shipment suggests cargo likely bound for northwest Europe.

·        Shipment is largest to load from Spain in more than a month.