As of today, June 30, 2025, the Daily Tanker Report confirms two vessels, Watson and St Walga are scheduled to arrive at the ports of Calabar and Warri, carrying fresh Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO) cargoes. These shipments are expected to strengthen depot supply in key South-South locations amid growing demand and intensified competition from independent marketers.
WATSON – PMS Vessel Expected at Zone 4 Depot, Calabar
- Product: Premium Motor Spirit (PMS)
- Quantity: 20,500 metric tonnes
- Port: Calabar
- Depot: Zone 4
- Status: Expected
- Remarks: Yet to arrive for discharge
Analysis:
The PMS vessel Watson will offload 20,500MT at Zone 4 depot in Calabar. A private importer sourced this cargo to fuel bulk inland distribution across Cross River, Akwa Ibom, and Abia states. Furthermore the arrival aligns with widespread depot price reductions observed last week triggered by Dangote’s downward pricing shift and intensifying market competition.
The discharge at Calabar is critical to relieving pressure on Eastern corridor supply chains and will likely keep retail prices within ₦870–₦900/litre across the region.
ST WALGA – AGO Vessel Expected at AYM Shafa Depot, Warri
- Product: Automotive Gas Oil (AGO)
- Quantity: 16,500 metric tonnes
- Port: Warri
- Depot: AYM Shafa
- Status: Expected
- Remarks: loaded at Dangote Lekki for discharge at AYM Shafa Jetty
Analysis:
The diesel vessel St Walga is en route to AYM Shafa depot in Warri, carrying 16,500MT of AGO. The shipment will reinforce diesel stock for industrial and commercial logistics in Delta, Edo, and Kogi states.
Following last week’s depot price drop of up to ₦90/litre, this shipment will boost distributors’ supply flexibility and lower the risk of shortages during July’s initial trading period.
St Walga’s clearance for discharge at Warri Port marks a logistical win for marketers looking to decongest Lagos loading queues and improve turnaround time for transporters.
Market Context
The simultaneous arrival of Watson and St Walga represents a coordinated boost to South-South petroleum supply infrastructure. With Dangote’s refinery still controlling refinery gate pricing, private depots are leveraging efficient port logistics and FX-backed imports to keep the market competitive.
As new month trading begins, downstream operators and fleet managers are advised to track marine discharge updates closely and anticipate short-term depot price shifts, particularly in PMS and AGO segments.
For verified vessel updates, depot price tracking, and loading analytics, visit Petroleumprice.ng