A decaying oil tanker posed a ‘catastrophic’ possibility. Now, a significant procedure is underway to avert catastrophe

A decaying oil tanker posed a ‘catastrophic’ possibility. Now, a significant procedure is underway to avert catastrophe


A perspective of decaying FSO Safer oil tanker anchored 60 kilometers (37 miles) north of the port of Hudaydah, Yemen on July 15, 2023.

Anadolu Agency | Anadolu Company | Getty Pictures

The UN has begun a 19-day procedure to extract oil from a 47-year-outdated decaying supertanker as it seeks to conclude a race in opposition to time to prevent a catastrophic oil spill.

The tanker, named Safer, has been stranded off Yemen’s Pink Sea coast for more than 8 several years just after civil war erupted in the Center Eastern state. The conflict has prevented the vessel, which is made up of 1.1 million barrels of oil, from undergoing routine maintenance since 2015.

This led to growing fears about a opportunity oil spill 4 situations the measurement of 1989’s Exxon Valdez leak, which was the 2nd-major oil spill in U.S. historical past.

The UN estimates that a prospective spill of tanker Safer’s cargo would end result in $20 billion of cleanup expenditures, have a “serious” environmental impact on drinking water and reefs on Yemen’s coastline, and result in disruptions to the Bab al-Mandab strait in the Suez Canal.

It would consider 25 many years for regional fish inventory to recuperate, the UN additional.

The oil aboard the tanker commenced currently being transferred to a U.N.-owned vessel Yemen, formerly known as Nautica, at 10:45 Yemen time Tuesday.

The procedure still poses important hazards as it usually takes area in open up waters, and the tanker Safer’s infrastructure is considerably corroded.

“The @UN has begun a advanced operation to transfer 1 million barrels of oil from a decaying tanker off the coastline of Yemen. We will need to retain performing to defuse what stays a ticking time bomb & stay clear of what would be by significantly the worst oil spill of our era,” U.N. Secretary-Basic Antonio Guterres stated on Tuesday on the X social media platform, earlier recognized as Twitter.

“The transfer of the oil to the Yemen will reduce the worst-scenario state of affairs of a catastrophic spill in the Crimson Sea, but it is not the finish of the operation,” said David Gressly, UN resident and humanitarian coordinator for Yemen. “The set up of a Serene buoy to which the alternative vessel will be securely tethered is the subsequent critical step.”

The U.N. introduced its initiative to rescue the oil off the tanker Safer in 2019, but has struggled to get accessibility to the vessel from Yemen’s Houthi rebel team.

“The neglected FSO Safer supertanker and its 1.1 million barrels of oil cargo has been a ticking time bomb given that 2015 threatening a humanitarian, environmental and economic catastrophe, it is only the heroic attempts of a small skeleton crew and a great deal of luck that catastrophe has not transpired,” claimed Ghiwa Nakat, executive director for Greenpeace MENA, on July 23. “While the salvage procedure has its risks, these are significantly less than executing very little.”



Resource

Iga Swiatek defeats Amanda Anisimova 6-0, 6-0 to win her first Wimbledon title
World

Iga Swiatek defeats Amanda Anisimova 6-0, 6-0 to win her first Wimbledon title

Poland’s Iga Swiatek poses with the trophy alongside runner-up Amanda Anisimova of the U.S. after the women’s singles final at Wimbledon on July 12, 2025. Stephanie Lecocq | Reuters Iga Swiatek won her first Wimbledon championship with a 6-0, 6-0 victory over Amanda Anisimova on Saturday in the first women’s final at the tournament in […]

Read More
Inside the trade war’s tariff hideouts, ‘foreign’ zones and bonded warehouses
World

Inside the trade war’s tariff hideouts, ‘foreign’ zones and bonded warehouses

To offset the rising costs of tariffs and trade war uncertainty, companies are using U.S. Customs-sanctioned foreign trade zones (FTZs) and bonded warehouses to delay or reduce product taxes. FTZs have a long history dating back to a previous period of trade conflict, created during the Great Depression by Congress to encourage international trade and […]

Read More
The markets are telling you not to worry with steep drop in volatility. Should you listen?
World

The markets are telling you not to worry with steep drop in volatility. Should you listen?

As midsummer sets in and the trauma of the springtime sell-off fades, the markets are whispering, “Don’t worry.” With every orderly ratchet higher to a record high in the benchmark indexes, affirmed by a breakout in bitcoin as gold sleeps, a steep retreat in market volatility and a collapse in corporate-credit spreads, the investment universe […]

Read More