Global base oils cargo flows: Week of 26 Aug

·        Taiwan’s base oils shipments surge over past week, with most of the cargoes bound for southeast Asia.

·        Volume of shipments from Taiwan to China still rises in Aug 2024 from previous month.

·        Singapore takes delivery of large shipments from US, Netherlands and UK over past week.

·        Unusual shipments add to regional supply.

·        Cargo loads from South Korea in H1 Aug 2024 before heading to UAE, set to arrive in early-Sept 2024.

·        Cargo loads from South Korea in H2 July 2024 before heading to US Gulf coast, set to arrive this week.

·        Cargo loads from South Korea in H2 July 2024 before heading to Brazil, set to arrive in coming week.

·        Cargo of Group III base oils loads from Bahrain in H2 Aug 2024 before heading to Europe via southern Africa, set to arrive in late-Sept 2024.

·        Cargo loads from Saudi Arabia in past week, scheduled to reach India in early Sept 2024.

·        Cargo loads from Saudi Arabia in H1 Aug 2024 before moving to India, arrives in past week.

·        Cargo loads from Saudi Arabia in early-Aug 2024 before heading to Singapore via Red Sea, set to arrive in coming week.

·        Cargo loads from Saudi Arabia at end-July 2024, set to reach South Africa in coming week.

·        Cargo of premium-grade base oils loads from Spain in past week before heading to northwest Europe, set to arrive by end-Aug 2024.

·        Cargo of premium-grade base oils loads from Spain in past week, likely bound for India.

·        Several large cargoes load from US Gulf coast in H2 Aug 2024 before heading to northwest Europe, set to arrive in H1 Sept 2024.