and what about pumping more oil while the tankers are going to market/s? where would they store fresh crude not being able to sell quick enough?
by the way, what you post about who has what and how many tankers? all old news the numbers of takers were the same yesterday and last week! only crude is increasing and world burn rate is alot less than production rate. So they store it!
Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers. As of December 31, 2014, it owned 24 Suezmax crude oil tankers, including two new buildings under construction