Bridge Watch: FSO Safer, a decaying supertanker posing a grave environmental & humanitarian threat

In this week's Bridge Watch, CEO Corey Ranslem discusses the looming environmental and humanitarian threat posed by the FSO Safer.

The FSO Safer is an oil tanker that was anchored off the coast of Yemen. It has been in place since 2015, when the ongoing conflict in Yemen made it too dangerous to move.

The tanker is carrying over 1 million barrels of crude oil and poses a significant environmental hazard. In recent years, there have been concerns about the tanker's aging infrastructure and the risk of a spill.

Efforts have been made to safely remove the oil, but so far, these have been unsuccessful due to the ongoing conflict and political instability in the region. An oil spill from the FSO Safer could have significant environmental and economic impacts.

The tanker is carrying over 1 million barrels of crude oil, and if it were to spill, the oil could contaminate the surrounding waters, harming marine life and fishing industries. The spill could also affect shipping lanes and disrupt international trade.

In addition, cleanup efforts and compensation for damages would likely be costly. The impact of a spill would likely be felt not just in Yemen, but also in neighboring countries and potentially beyond. It's important to note that the exact extent of the impact would depend on various factors, such as the size of the spill and local environmental conditions.

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