Average age of the global oil tanker fleet 2018-2023, based on number of vessels

Published by Statista Research Department, Sep 16, 2024

As of January 1st, 2023, the global oil tanker fleet had an average age of 20.1 years, based on the number of vessels available in the fleet. This was a slight increase compared to 2022, when oil tankers were a mean of 19.6 years old.

Average age of the global oil tanker fleet from 2018 to 2023, based on vessel numbers

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Release date

September 2023

Region

Worldwide

Survey time period

2018 to 2023

Special properties

as of January 1st of each year.

Supplementary notes

The average for each year was restated in the publication following that year. The restated data was used in this visualization.

This visualization was compiled using various editions of the report by the source: 

  • 2019: Table 2.2, page 31 
  • 2020: Table 2.2, page 39
  • 2021: Table 2.2, page 32
  • 2022: Table 2.2, page 34

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