After the renovation of the fleet, today only 14 per cent of thaker tonnage is 15 years or older.
When the last single-hull very large crude carrier was deliver in 1996,there were 376 in service. In early 2013,there are only three. Only 243,however,were actually scrapp. Sixty were convert into floating oil production and storage facilities and 70 were convert into dry-bulk carriers. Some of the older VLCCs are deploy as FPSOs