US EditionClose to one in five VLCCs trading today are over 20 years old
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Splash247Close to one in five VLCCs trading today are over 20 years old
Tankers Today, there are around 130 VLCCs over 20 years old still trading, compared to fewer than 20 five years ago, according to data from Tankers International, which notes that around two-thirds of these vintage supertankers are engaged in moving sanctioned oil. Over the next four years, the number of vessels exceeding 20 years forecast by Tankers International to double, representing 21% of the trading fleet. A very small orderbook points t…
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