Including the product tankers and the Aframax and the new buildings of our fleet, the average age falls to 10.5 years. We continue to believe that within our core sector this gives us a competitive advantage, as younger ships have less operating expenses, consume less bunkers and are more appealing to blue chip charters, and that is a factor would be very important as we move forward into 2012 and beyond.
StealthGas' CEO Discusses Q4 2011 Results - Earnings Call Transcript
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