The Liberia-flagged tanker Peria is escorted by a Turkish coastal safety boat as it transits the Bosphorus, in Istanbul, Turkey, on Jan. 21.Rising sea levels could severely disrupt crude oil shipments and erode energy security in import-dependent countries like China, South Korea and Japan, with many of the world’s biggest terminals vulnerable to flooding, researchers said on Tuesday.
Low-lying ports and bunkering facilities would be especially vulnerable to higher sea levels, CWR said after conducting a “stress test” of the maritime infrastructure used to export and import crude oil. With Asian countries likely to be hit the hardest, they should lead the way not only in the global transition from oil, but also in improving the resilience of port infrastructure.
Japan and South Korea both import around three quarters of their crude oil from ports that are vulnerable to one-metre sea level rises. Most of their own receiving ports could also be impacted, the report warned.
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