Exactly Ralph. It's a common misconception that it's a ship's condition or age that puts it on the scrap heap. That may be partly true but the overwhelming factor is usually market forces.
Brgds
Phil

Yes you are right either the VLCC gone to Scrap Yard or stand as FSO but later on, the final destination would be to Scrapyard.... but to keep the Momentum of Green recycling ...Gadani Breakers have thoroughly maintain the standard of ship breaking or you'll see the Sea Water as Dark as sludge...

like in India and Bangladesh where both Sea and Land are very much Infected by Ignoring the basic Rules and now become Volatile area for environmental hazards...

regards,

Its scrap value was better than its second hand value, that's why. The VLCC market has always been extremely cyclical. Check the history books: only a minority of VLCC's have sailed on to 25 years of age. Most go to scrap much, much earlier and always have done so.

Yes it can sail probably 6-7 years more .. but GOD knows why it came to the Executioner as said by Lappino ..

Why are we humans so wasteful? 19 years old, surely this ship has a lot more life in it than that?