For several years, the FSO Safer, a floating oil storage and offloading vessel, moored in the Red Sea north of the Yemeni city of Al Hudaydah, may be an environmental disaster waiting to happen. The ship has been held as a virtual hostage in the ongoing Yemeni civil war. A converted 400,000 DWT ultra large crude carrier (ULCC), built in 1976, the ship now contains about 1.14 million barrels of oil valued at up to US$80 million. The ship has been progressively deteriorating due to a lack of maintenance and supplies, and many are concerned that the Safer is in imminent risk of sinking, fire, or explosion.
Update: The F.S.O. Safer—pronounced “Saffer”—is named for a patch of desert near the city of Marib, in central Yemen, where the country’s first reserves of crude oil were discovered.
Should the Safer sink or explode, a massive spill would be disastrous, potentially four times larger than the Exxon Valdez spill of 1999.