West Africa Maritime Market Data
Current market data for the West African maritime industry. Charter rates, port congestion, Dangote production, OPEC+ quotas, and security status.
Charter Rate Indicators
| Vessel | Route | Rate | Daily Hire | Change | Trend |
|---|---|---|---|---|---|
| VLCC | Bonny → Far East | WS 50-60 | $38,000-48,000 | +5% | Up |
| Suezmax | Bonny → Rotterdam | WS 75-90 | $28,000-35,000 | +3% | Up |
| Aframax | Bonny → Mediterranean | WS 95-115 | $20,000-28,000 | +2% | Stable |
| MR Tanker | Lagos → Lomé | $18-22/tonne | $12,000-16,000 | -1% | Down |
| LR1 | Lekki → Rotterdam | $22-28/tonne | $18,000-24,000 | +4% | Up |
| LR2 | Lekki → Houston | $25-32/tonne | $22,000-28,000 | +3% | Up |
Port Congestion Status
Lagos Apapa
Queue: 12 vessels | Avg Wait: 5-8 days
Berth: 92%
Lagos Tin Can
Queue: 8 vessels | Avg Wait: 3-6 days
Berth: 88%
Onne
Queue: 3 vessels | Avg Wait: 1-3 days
Berth: 75%
Warri
Queue: 1 vessel | Avg Wait: 0-1 days
Berth: 65%
Calabar
Queue: 0 vessels | Avg Wait: 0 days
Berth: 58%
Dangote Refinery Production
Current Production
580,000 bpd
Capacity
650,000 bpd
Utilization
89%
Crude Imports
1.8M bbl/day
Product Exports
320,000 bpd
Last Updated
25 August 2026
OPEC+ Quota Status
Market Impact
- • Stable production supports crude supply
- • Dangote absorbs 70% of Nigerian crude
- • Reduced exports affect tanker demand
- • Regional product imports increase
- • AfCFTA boosts intra-African trade
Gulf of Guinea Security
Recommendations
- • Standard precautions
- • Maintain AIS transmission
- • Follow BMP5 guidelines
- • Coordinate with Nigerian Navy
- • Report suspicious activity
Need Real-Time Market Intelligence?
This page provides weekly market updates. For real-time market intelligence, rate quotes, and personalised market analysis, contact our team. We monitor market conditions daily and can provide timely insights for your chartering decisions.
Contact us at info@westafricacharter.com or call +234 916 333 1144