UN secures insurance to avert Yemen tanker disaster ...Kuwait

News by : (The New Arab) -
The UN has secured insurance coverage allowing it to pump more than one million barrels of oil from a decaying tanker anchored off war-torn Yemen that poses the risk of a catastrophic spillage. The rusting FSO Safer, abandoned off the rebel-held port of Hodeida, has not been serviced since the Arabian Peninsula's poorest country plunged into civil conflict more than eight years ago. On Monday David Gressly, the UN Resident and Humanitarian Coordinator for Yemen, said salvage teams are "very close" to starting a ship-to-ship transfer of the vessel's cargo -- a move intended to avert a major oil leak. A spill in the Red Sea, a major shipping lane, could cost up to $20 b

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