Daily Newsletter

03 September 2024

Daily Newsletter

03 September 2024

EU to support salvage operation on MV Sounion oil tanker 

Whilst there are no initial signs of an oil spill, if one did occur it could be the largest in recorded maritime history.

Regan Slaymaker

The EU revealed on Monday that a salvage operation on the disabled oil tanker MV Sounion has now begun, although no time frame for completion was available. 

Iran-aligned Houthi militants, who emerged in the 1990s and control large areas of Yemen, were behind the attack on the tanker.  

Aspides, the EU’s military operation in charge of responding to Houthi attacks, is on site to support the recovery of the tanker.  

Aspides said in a statement that "several fires" have continued to burn on the Greek-registered vessel, which was carrying more than one million barrels of crude oil. The group added there are no initial signs of an oil spill.  

However, the salvage operation on the tanker is set to be difficult. If a spill did occur it has the potential to be the largest from a tanker in recorded maritime history. 

Aspides explained on X (formally Twitter) that the tanker provides a "significant environmental threat" but that the salvage operation is about to begin, with private companies involved.  

US news outlets have have reported that tugboats are ready to assist with the operation but would require an on-spot inspection before a decision was made to either transfer the cargo to another tanker or move the MV Sounion to a safe port.  

Military officials explained on Monday that the tugboats will be provided with protection during the salvage operation.  

The Houthis have reportedly been attacking commercial shipping to support Palestinians throughout the conflict between Israel and Hamas in Gaza.  

The Pentagon has claimed the Iranian-backed group have attacked more than 40 commercial ships in the region over the past few months. 

On Monday, a Saudi-owned crude oil tanker and a Panama-flagged oil ship were attacked in the Red Sea off Yemen, with Houthi militants now claiming responsibility.  

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close