they are built. Generally, construction starts with the hull, and on vessels over about , by the laying of the keel. This is done in a drydock or on land. Once the hull is assembled and painted, it is launched. The last stages, such as raising the superstructure and adding equipment and accommodation, can be done after the vessel is afloat. Once completed, the vessel is delivered to the customer. Ship launching is often a ceremony of some significance, and is usually when the vessel is formally named. A typical small rowboat can cost under US$100, $1,000 for a small speedboat, tens of thousands of dollars for a cruising sailboat, and about $2,000,000 for a Vendée Globe class sailboat. A trawler may cost $2.5 million, and a 1,000-person-capacity high-speed passenger ferry can cost in the neighborhood of $50 million. A ship's cost partly depends on its complexity: a small, general cargo ship will cost $20 million, a Panamax-sized bulk carrier around $35 million, a supertanker around $105 million and a large LNG carrier nearly $200 million. The most expensive ships generally are so because of the cost of embedded electronics: a costs around $2 billion, and an aircraft carrier goes for about $3.5 billion. Repair and conversion Ships undergo nearly constant maintenance during their career, whether they be underway, pierside, or in some cases, in periods of reduced operating status between charters or shipping seasons. Most ships, however, require trips to special facilities such as a drydock at regular intervals. Tasks often done at drydock include removing biological growths on the hull, sandblasting and repainting the hull, and replacing sacrificial anodes used to protect submerged equipment from corrosion. Major repairs to the propulsion and steering systems as well as major electrical systems are also often performed at dry dock. Some vessels that sustain major damage at sea may be repaired at a facility equipped for major repairs, such as a shipyard. Ships may also be converted for a new purpose: oil tankers are often converted into floating production storage and offloading units. End of service Most ocean-going cargo ships have a life expectancy of between 20 and 30 years. A sailboat made of plywood or fiberglass can last between 30 and 40 years. Solid wooden ships can last much longer but require regular maintenance. Carefully maintained steel-hulled yachts can have a lifespan of over 100 years. As ships age, forces