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  • Provisional European gasoline arrivals into PADD 5 are on track for a multi-year high in May.
  • An estimated 250,000t is expected to discharge into PADD 5 by the end of the month, surpassing previous highs seen in March and April.

  • The unseasonably high gasoline flow can be traced back to a string of refinery outages on the US west coast, which has tightened regional supply.

  • Prior to March, transatlantic arrivals into PADD 5 had not surpassed 80,000t in a single month since 2016, according to Vortexa observed flows.

  • European suppliers into PADD 5 year-to-date are: Netherlands, Belgium, UK, Spain, Norway, Ireland and France.

  • European traders/refiners are able to blend components and meet the niche CARBOB gasoline specifications required in California State.

Insights

Jul 11, 2019

VLCC Loadings Lift Diesel In-Transit to New Highs

Volumes of diesel/gasoil on the water recently hit a multi-year high, buoyed by the flurry of newbuild VL...
Jul 9, 2019

Vortexa Snapshot: Diesel imports into the Philippines at 3-year high

The Philippines, Southeast Asia’s largest diesel importer, took in a 3-year high level in Q2 2019.
Jun 25, 2019

Vortexa Snapshot: Europe to PADD 1 Gasoline Flows Rise After PES Refinery Incident

Gasoline exports from Europe to PADD 1 spiked in week 25 after the PES refinery incident.

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Vortexa Ltd.

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