U.N. crowdfunds to prevent oil spill from FSO Safer tanker off Yemen

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The United Nations has turned to crowdfunding to raise the $80 million needed to remove more than a million barrels of oil from a decaying tanker in the Red Sea and prevent a potential environmental catastrophe.

The FSO Safer tanker has been rusting away off Yemen’s coast since 2015. Sitting in the delicate ecosystem of the Red Sea, famous for its corals and fish, it threatens to release roughly four times the amount of crude oil spilled off Alaska in the Exxon Valdez disaster of 1989.

Seawater has already seeped into the engine room, according to U.N. officials who are sounding the alarm that a tank rupture would wreak havoc on marine life, vital shipping lanes and regional economies.

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For years, the United Nations has sought to launch a rescue mission to transfer the oil and move the ship to a safer location for inspections or dismantling. But the vessel is anchored in waters northwest of Yemen’s port city of Hodeida near territory held by the Iranian-aligned Houthi rebels. The 2014 war between them and the now-Saudi-backed government put an end to maintenance and prevented any offloading.

The opposing sides have finally agreed to a plan to prevent a disaster, the United Nations said, but now it doesn’t have the money to implement it.

“The tanker is beyond repair, and the fear is that it could soon break apart or explode,” the global body said this week as it launched the online crowdfunding campaign.

The U.N. announcement said it collected about three-quarters of the money necessary to transfer the oil to another ship, after Saudi Arabia and the United States recently promised $10 million each, following pledges from the Netherlands, France, Qatar and others that brought the total in U.N. hands to $60 million.

To help pay the remaining $20 million, the United Nations’ Yemen coordinator, David Gressly, is appealing online to people everywhere to raise $5 million by the end of the month so that work can start in July.

At a briefing on Monday, Gressly appeared to acknowledge that the call for $5 million from the public was unusual, describing it as “an ambitious goal,” but maintained that a disaster was looming. The increase of currents and winds in the winter will heighten the risk of the vessel breaking up and spilling the oil into the Red Sea.

“Every day that goes by is another day that we take a risk, a chance that this vessel will break up and the catastrophe that I described will unfold,” he said.

The entire plan, involving first unloading the oil and later replacing the 1,230-foot vessel — one of the world’s largest tankers — would cost $144 million, according to U.N. estimates.

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A disaster in the Red Sea would add to the plight of Yemenis who have endured nearly eight years of war, starvation and disease, and threaten the livelihoods of many who rely on the sea’s resources. Gressly said it may take up to 25 years to restock fisheries.

U.N. officials and conservationists say an oil spill from the Safer would destroy the ecosystems of the Red Sea, an important biodiversity sphere, and take decades and at least $20 billion to clean up.

“An oil spill of the anticipated magnitude at this location would suddenly interrupt critical aid supplies by closing nearby ports, thereby stopping essential shipments of food, fuel and medicine,” said Richard Carter, director of the Coastal Coordination Program at The Ocean Foundation in Washington, D.C.

Calling the tanker “a ticking time bomb,” the U.S. special envoy for Yemen, Tim Lenderking, said this month that Washington was urging not only governments, but also private companies that use the Red Sea for commercial activity, to step up funding for the U.N. project.

Carter said it makes sense to look for external financing in the case of an “orphaned” vessel such…

Read More: U.N. crowdfunds to prevent oil spill from FSO Safer tanker off Yemen

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