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Operation to tow stricken tanker and avert spill begins in Pink Sea

by Index Investing News
September 14, 2024
in Markets
Reading Time: 2 mins read
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ATHENS (Reuters) – The operation has began to tow a Greek-registered oil tanker stranded within the Pink Sea after an assault by Houthi militants final month, a delivery supply informed Reuters on Saturday.

Towing the 900-foot (274.2-metre) MV Sounion to security is step one in a dangerous operation to salvage the vessel that caught fireplace after it was repeatedly attacked on Aug. 21.

The second step is the switch of its cargo of about 1 million barrels of . Saudi Arabia, a key participant within the area, will provide its help with that venture, sources have mentioned.

Any oil spill might be one of many largest from a ship, risking catastrophic environmental harm in an space that’s significantly harmful to enter. An preliminary effort to salvage the vessel was paused earlier this month resulting from security causes.

Not less than two tugboats owned by a Greek-based salvage firm are concerned within the newest towing try, sources informed Reuters on Thursday.

Aspides, the European Union’s naval mission within the Pink Sea, mentioned on Saturday that its property had been within the space to guard the vessels concerned within the operation. It described the operation as a “advanced endeavour”.

“Making a safe setting is important for the tugboats to conduct the towing operation,” Aspides mentioned in a press release on Fb (NASDAQ:).

“The salvage operation of the MV Sounion is crucial with the intention to avert a possible environmental catastrophe within the area. To attain this, a number of private and non-private actors are working collectively.”





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