The ship-to-ship transfer of the oil from the FSO Safer to the replacement oil tanker Yemen (formerly known as Nautica) began last week. It was an important milestone in this United ...

For three years, Mohammed Al-Hakimi has issued warnings of a looming catastrophe off his country's western coast: a decaying tanker that threatens to spill more than a million barrels of crude oil ...

The United Nations officially launched its mission this week to prevent what it says could be an "environmental catastrophe" on the Red Sea. Sitting off the coast of Yemen lies a nearly ...

The Red Sea is under imminent threat of a massive oil spill from an aged Yemeni tanker. The UN's plans to avert the disaster have stalled for lack of funding. The derelict oil tanker FSO Safer, moored ...

The FSO Safer is moored five nautical miles off the coast of Ras Isa on Yemen’s west coast. Five miles off the coast of Yemen lies a floating bomb. An oil storage vessel called the FSO Safer has been ...

Dubai: Salvage teams are close to starting the transfer of more than one million barrels of oil from a decaying tanker anchored off Yemen after two weeks of preparatory inspections, the United Nations ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The operation to drain a stricken oil tanker off the Yemen coast that has been described as a ticking ...

AL-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Malaysia’s energy giant Petronas, Mitsui OSK Lines (MOL) of Japan and China’s Shanghai Merchant Ship Design & Research Institute (SDARI) have been awarded four approvals in principle (AiPs) for their ...

Shares of Mercator may see buying interest at the bourses following sale of its floating storage and offloading unit (FSO) ship, Prem Pride, built in 1999, for a total consideration of ₹49.54 crore.