UN secures insurance to avert Yemen tanker disaster
Now insurance has been secured, the high-risk operation to remove oil from FSO Safer could begin any day.
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Now insurance has been secured, the high-risk operation to remove oil from FSO Safer could begin any day.
(Bloomberg) -- An operation is finally underway to transfer the oil from a stricken tanker off the coast of Yemen that maritime salvage experts have called a “ticking time bomb.”Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Economic Forum Puts Russia’s Isolation on DisplayAmericans Say They Need $2.2 Million to Be Considered
The decrepit vessel has been lying idle for years with more than a million barrels of crude sitting on it.
ALBAWABA – The United Nations (UN) has embarked on a $140 million mission to transfer the oil from a stricken tanker off the coast of Yemen
An operation is finally underway to transfer the oil from a stricken tanker off the coast of Yemen that maritime salvage experts have called a "ticking