Global base oils cargo flows: Week of 30 Sept

·        Cargo-loadings from Taiwan set to pause over coming days as island braces for arrival of major typhoon.

·        Wave of Group II cargoes load from Taiwan in H2 Sept 2024 before heading to Philippines.

·        Cargo of light and heavy-grade Group II base oils loads from Taiwan in early Sept 2024 before heading to India, set to arrive this week.

·        Unusually large cargo set to load from South Korea in early Oct 2024.

·        Size of shipment suggests it is likely bound for US Gulf coast.

·        Arrival in US of cargoes from South Korea show signs of falling in Sept 2024 from Aug 2024.

·        Cargo of Group III base oils loads from Bahrain at end-Sept 2024 before heading to US, set to arrive at end-Oct 2024.

·        Cargo-loadings from Saudi Arabia in Sept 2024 show signs of staying higher than usual, rising from Aug 2024.

·        Large cargo loads from Saudi Arabia in recent days before heading to UAE, set to arrive in early Oct 2024.

·        Size of cargo suggests portion of shipment could then move on to other outlets like India.

·        Cargo loads from Saudi Arabia in mid-Sept 2024 before heading to Spain, set to arrive in early Oct 2024.

·        Cargo of very-light-grade base oils reaches India in past week after loading from Spain in H2 Aug 2024.

·        Cargo set to reach India in early Oct 2024 after loading from US Gulf coast in H1 Aug 2024.

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

·        Large cargo loads from Greece in H1 Sept 2024 before heading to Nigeria, arrives in recent days.

·        Cargo loads from US East coast at end-Sept 2024 before heading to Nigeria, set to arrive by end-Oct 2024.

·        Cargo of Group I base oils loads from US in H2 Sept 2024 before heading to northwest Europe, set to arrive in early Oct 2024.