Global Base Oils Cargo Flows: Week To 16 January

·         Several more Group II cargoes load from Taiwan in the past week, with the shipments mostly bound for southeast Asia.

·         Cargoes extend wave of shipments from Taiwan since early-Dec 2025.

·         Cargo loads from Singapore at end-Nov 2025 before heading to US Gulf coast, set to arrive at beginning of Feb 2026.  

·         Large cargo loads from South Korea in past week before heading to US Gulf coast, set to arrive in H2 Feb 2026.

·         Cargo follows slowdown in such trans-Pacific shipments in recent weeks.

·         Large cargo of Group III base oils loads from UAE in early-Jan 2026 before heading to US Gulf coast, set to arrive around mid-Feb 2026.

·         Cargo-loadings from Saudi Arabia stay on pause so far in Jan 2026, after slump in shipments since mid-Nov 2025.

·         Several smaller shipments of premium-grade base oils load from Spain in H1 Jan 2026, extending a trend of smaller cargo-loadings since early-Nov 2025.

·         Cargo of very-light-grade base oils loads from Spain in recent days before heading to India, set to arrive in H2 Feb 2026.

·         Similar cargo loads from Spain in mid-Dec 2025 before heading to India, set to arrive in coming week.

·         Several cargoes load from US in H2 Dec 2025 before heading to Nigeria, set to arrive in coming week.

·         Cargo loads from US Gulf coast in early-Dec 2025 before heading to India, set to arrive in coming week.