Refurbishing the cruiseship Voyager of the Seas has cost $97m. What do you get for that kind of money, when you could build a new VLCC for about the same amount?

The refit involved a major makeover at Singapore’s Sembawang Shipyard, but the dry-docking and “facelift” of the Kvaerner-built, 137,000-gt cruiseship took only 41 days, while construction of a big tanker would take up to two years.