UN spends $55m on ageing Euronav VLCC to avert environmental disaster
Lloyd’s List appeal for industry donations fails to secure a replacement tanker but advances the long running diplomatic stand-off that has stalled negotiations over decades
UN Development Programme secures Euronav VLCC for $55m as part of a plan to offload an estimated one million barrels of oil from the decaying FSO Safer and prevent a looming environmental disaster