Between 2016 and 2022, the average age at which vessels met the scrapper increased from 23 years to 29 years. Globally, the economic lifetime of vessels was therefore extended by six years on average.
Average age of vessels scrapped worldwide from 2013 to 2022
Characteristic
Average age of vessels scrapped in years
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Danish Ship Finance. (November 30, 2022). Average age of vessels scrapped worldwide from 2013 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1102659/average-age-of-vessels-scrapped-worldwide/
Danish Ship Finance. "Average age of vessels scrapped worldwide from 2013 to 2022." Chart. November 30, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1102659/average-age-of-vessels-scrapped-worldwide/
Danish Ship Finance. (2022). Average age of vessels scrapped worldwide from 2013 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1102659/average-age-of-vessels-scrapped-worldwide/
Danish Ship Finance. "Average Age of Vessels Scrapped Worldwide from 2013 to 2022." Statista, Statista Inc., 30 Nov 2022, https://www.statista.com/statistics/1102659/average-age-of-vessels-scrapped-worldwide/
Danish Ship Finance, Average age of vessels scrapped worldwide from 2013 to 2022 Statista, https://www.statista.com/statistics/1102659/average-age-of-vessels-scrapped-worldwide/ (last visited July 22, 2024)
Average age of vessels scrapped worldwide from 2013 to 2022 [Graph], Danish Ship Finance, November 30, 2022. [Online]. Available: https://www.statista.com/statistics/1102659/average-age-of-vessels-scrapped-worldwide/