Global base oils cargo flows: Week of 25 August

·         Several cargoes of Group II base oils load from Taiwan in recent days, following sharp slowdown in loadings for several weeks.

·         Cargoes head to China and Hong Kong.

·         Large cargo loads from South Korea in H2 Aug 2025 before heading to US Gulf coast, set to arrive in H2 Sept 2025.

·         Large cargo of Group III base oils loads from Indonesia in recent days, with size of shipment suggesting Europe is likely destination.

·         Cargo of Group III base oils set to load from UAE at start of Sept 2025; size of shipment suggests it is likely bound for Europe.

·         Cargo of Group III base oils loads from Bahrain in past week before heading to northwest Europe, set to arrive at end-Sept 2025.

·         Large cargo of Group III base oils loads from UAE in H1 Aug 2025 before heading to India, set to arrive this week.

·         Large cargo of Group III base oils loads from Qatar in H1 July 2025 before heading to US Gulf coast, arrives in past week.

·         Cargo of very-light-grade base oils loads from Spain in H1 July 2025 before heading to India, set to arrive this week.

·         Cargo with combination of different Group I base oils grades loads from southern Europe in recent days before heading to Nigeria, set to arrive in H1 Sept 2025.

·         Large cargo of Group III base oils loads from Spain in past week before heading to northwest Europe, set to arrive this week.  

·         Cargo of Group II base oils loads from US Gulf coast in late-July 2025 before heading to South Africa, set to arrive in coming week.

·         Size of shipment suggests vessel will then continue on to other markets like India or Pakistan.

·         Another cargo loads from US Gulf coast in late-July 2025 before heading to India, set to arrive in early-Sept 2025.

·         Large cargo loads from US Gulf coast in recent days before heading to northwest Europe, set to arrive around mid-Sept 2025.