Yemen's HSA Pledges $1.2 Million to UN Drive to Avert Tanker Oil Spill
Yemen's HSA Group on Thursday became the first private entity to pledge funds for a United Nations operation to avoid an oil spill from a tanker stranded off the coast of Yemen, as the U.N. urgently tries to secure an initial requirement of $80 million.The international organization, which has so far raised over $60 million, has warned that the Safer, stranded since 2015 off a Red Sea oil terminal, could spill four times as much oil as the 1989 Exxon Valdez disaster near Alaska.HSA…
UN Launches Public Fundraiser to Prevent Yemen Tanker Oil Spill
The United Nations has launched a public crowdfunding drive that aims to raise $5 million towards an operation to avoid an oil spill from a decaying tanker stranded off the coast of Yemen, a U.N. official said on Monday.The United Nations has secured some $60 million out of $80 million needed to initially offload the Safer tanker which holds 1.1 million barrels - four times as much oil as spilled during the 1989 Exxon Valdez tanker disaster in the United States."We are calling on the public to help us cross the finish line to get that first $80 million in place…
How Sanchi's Spill Could Spread
The worst tanker oil spill in decades is unfolding across hundreds of miles of the East China Sea after an Iranian oil tanker carrying more than 100,000 tonnes of toxic oil collided with a freighter and exploded, killing all 32 crew onboard. The ship burned, spewing its cargo, for more than a week before sinking in the waters between China, Japan and South Korea. The Panama-registered Sanchi was carrying the equivalent of nearly 1 million barrels of ultra-light crude, plus its own fuel, to South Korea. According to the International Tanker Owners Pollution Federation, the collision led to the worst tanker spill in 35 years. Authorities have had trouble pinning down how big the spill is, as it changes by the day amid strong ocean currents.
Salvage, Rescue Crews Battle Oil Tanker Fire
Body of crew member found on board; casualty might be worst tanker oil spill since 1991 and concerns grow that tanker may explode, sink. Rescue crews wrestled to bring a blaze on an Iranian oil tanker off China's east coast under control on Monday as fire raged for a second day following a collision with a grain ship, while the body of one of the 32 missing crew members was found on aboard. Concerns were growing that the tanker, which hit a freight ship on Saturday night in the East China Sea and burst into flames, may explode and sink, the official China Central Television (CCTV) said on Monday, citing experts on the rescue team. Poor weather continued to hamper the rescue work, Lu Kang, a spokesman at China's foreign ministry, told a regular news briefing.
Editorial: Editor’s Note
As intrusive, costly and arcane as some rules that regulate our industry may seem, I have an entirely different perspective . I love them. To me, new rules and regulations mean an endless array of interesting articles to pursue and publish in our pages. It is a given that new regulations mean an increased cost of doing business. Trust me in that I do not wish increased cost on our readers and customers. Pick up your favorite business newspaper or magazine, flick on the television or computer, or simply talk with a colleague or friend, and I think that you will agree that intense competition and consolidation have severely challenged companies of all shape and size to build and maintain profitability.
Britain To Institute New Port Regulations
Britain will introduce new port safety rules resulting from lessons learned from the Sea Empress tanker oil spill in 1996. The UK Government will introduce a Port Marine Safety Code early next year, Shipping Minister Keith Hill said at a harbor masters' seminar. "Recent maritime history, including the grounding of the Sea Empress in 1996, has demonstrated the need to improve port safety to save lives and safeguard the environment," Hill said. The code would bring in a new safety management regime, establish a yardstick for harbor authority responsibilities for port safety and promote good practice, he said. The Sea Empress spilled over 70,000 tons of oil when it grounded trying to enter the Welsh port of Milford Haven.