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Pipelines, energy and natural resources

  • Thread starter Thread starter QV
  • Start date Start date
Bypassing the impact assessment and permitting federal cabinet to declare pipelines in the national interest before the review is complete.



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The west coast tanker moratorium excludes tankers larger than 12,500 DWT capacity.
That is roughly 80,000 barrels of WCS afloat.

...

how much does a new 12500 tonne dwt crude oil tanker cost +5

Based on 2026 market data, a new 12,500 DWT (deadweight tonnage) small crude oil or product tanker generally costs around $25 million to $30 million USD.

Prices for smaller tankers have been impacted by rising raw material costs and high demand for tonnage, with specific quotes for similar-sized multipurpose (MPP) or tanker vessels coming in around $25.8 million from Chinese shipyards.

Key Pricing Factors for 2026:

Shipyard Location: Chinese shipyards often offer competitive pricing for smaller tankers.

Vessel Specifications: Costs vary based on whether the vessel is a simple, standard product carrier or a more complex, ice-class or stainless steel chemical/oil tanker.

Equipment Quality: The choice of engines (e.g., Japanese vs. Chinese made) can adjust the price.

Rising Costs: Shipbuilders are experiencing increased prices due to rising steel costs and high demand.

Comparison with Other Sizes (2026):

16,500 DWT Product/Chemical Tanker: ~$32.5 million
12,500 DWT Tanker/MPP: ~$25.8 million
50,000 DWT MR Tanker: ~$42 million–$45 million

Note: For a specialized crude oil tanker, costs are generally on the higher side of the provided range.

Average speed 25 km/h

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Distance from Prince Rupert to Metlakatla owned Annette Island is approximately 100 km or 4 hours motoring for a 12,500 tonne / 80,000 barrel tanker at 25 km/h.

One Aframax tanker anchored in sheltered waters off Annette Island holds 800,000 barrels of oil
TMX fills one of thse a day.
10 sailings from Prince Rupert in 80,000 barrel tankers permitted under the tanker moratorium would fill one Aframax a day.

800,000 barrels per day or per 24 hours would mean a transfer rate of 80,000 barrels every 2.4 hours.

2.4 hours to empty into the bulk carrier.
4 hours to transit from the carrier to Rupert.
2.4 hours to fill at Rupert
4 hours to transit to the carrier at Annette Island.

12.8 hours per cycle
10 cycles per day
128 fleet hours per day
24 hours per day
Fleet size of 5.33 vessels

6 vessels at 30 MUSD each, call it 200 MUSD.
10 sailings a day. 24/7

At 50 USD per barrel those 6 tankers would cost 4 million barrels of oil.
At 800,000 barrels per day those tankers would be paid off in 5 days.

And no BC tanker bans lifted.

The Metlakatla and Lax Kw'alaams both supported the native owned Eagle Spirit pipeline in 2015 and challenged the tanker moratorium in 2019.
 
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