Global base oils cargo flows: Week of 22 July

·        Large cargo set to load from Taiwan in coming week, adding to surge in shipments so far this month.

·        Cargo of Group II base oils loads from Taiwan in H1 July 2024, set to reach India this week.

·        Cargo loads from South Korea in recent days before heading to US Gulf coast, set to arrive in H2 Aug 2024.

·        Cargo is largest from South Korea to US in more than a month.

·        Cargo of Group III base oils loads from Bahrain in past week before heading to India, set to arrive this week.

·        Cargo adds to recent pick-up in shipments from Bahrain to India.

·        Cargo of Group III base oils loads from Bahrain around mid-July 2024 before heading to northwest Europe, set to arrive in H1 Aug 2024.

·        Large cargo loads from Saudi Arabia in recent days before heading towards Suez Canal, with final destination unclear.

·        Large cargo loads from Saudi Arabia around mid-July 2024 before heading to UAE, set to arrive in coming week.

·        Cargo loads from Saudi Arabia in H1 July 2024 before heading to India, set to arrive at beginning of Aug 2024.

·        Cargo loads from Saudi Arabia in early July 2024 before heading to Spain, set to arrive by month-end.

·        Cargo loads from US Gulf coast in early July 2024 before heading to South Africa, set to arrive in early Aug 2024.

·        Cargo loads from US Gulf coast in early July 2024 before heading to Nigeria, set to arrive in H1 Aug 2024.