# Shipping expert John Ingpen says global market uncertainty is keeping oil tankers at sea for longer periods as operators respond to shifting oil prices and changing demand. He says several vessels are currently waiting offshore near Cape Town, with some slow-steaming or drifting while awaiting instructions. Ingpen explains that destinations can change multiple times during a voyage as traders react to market conditions. He adds that Cape Town remains a key global shipping point, where tankers are often held offshore.
Shipping expert says market uncertainty is keeping tankers at sea