The booming market for secondhand VLCCs has delayed the operation to offload crude oil from a floating storage vessel at risk of breaking up off the coast of Yemen.
The United Nations said in September that work was due to start within weeks to lift 1.14m barrels of oil from the decaying, 407,000-dwt FSO Safer (built 1976) but surging costs have forced salvage experts to delay the work.
