Andrew Couper

Importers of Group II base oil into Europe may have to start paying a tariff if the current waiver is not extended beyond December. European production, meanwhile, could influence trans-Atlantic flows. A working group within the European Commission met earlier this month to discuss whether to extend a tariff waiver, which currently allows Group II […]

Exxon Mobil’s Group II base oils refinery opening in Rotterdam and declining car sales in Europe has had little impact on US flows of base oil volumes into Northwest Europe during the first half of this year. The first six months of 2019 saw 358,982 tons of base oils arrive into Northwest Europe from the […]

Global container line Hapag-Lloyd will comply with the upcoming 0.5%S cap through a combination of compliant fuels, employing scrubbers and by using liquefied natural gas. The container line’s primary method of compliance with the International Maritime Organization’s sulfur cap will be 0.5 percent low sulfur fuels, while scrubbers and LNG will be run on a […]

The global base oils market is going through a structural change in the face of more advanced emissions and quality requirements across numerous markets including the shipping, industrial and automobile sectors. Base oils are used alongside additives to produce lubricants for engines. The lubricants primarily come from Group I, II and III base oils, with […]