Quote Originally Posted by abrown83 View Post
Quote Originally Posted by OSA View Post

Forgive my ignorance, wouldn't that be a bad thing?
No it's actually better, there's such a glut of oil that they are paying the ships to sit off the coast and store it.

So they are getting the daily rates without having to burn any fuel by actually having to move product.
I see. And the alternative is they ship them around per business as usual