The UN said the emergency part of a two-stage operation would see the toxic cargo pumped from the storage platform to a temporary replacement vessel at a cost of $79.6 million.
Beijing seeks normalcy in war-affected Yemen to ensure its flagship Belt and Road Initiative has safe access to the Gulf of Aden and Red Sea.
The Saudi-led coalition said it had destroyed four sites used in assembling remote-controlled boats and sea mines to help protect the freedom of maritime navigation, as they launched a military operation north of Yemen's port city of Hodeidah.
UN Security Council approves unanimously to send a civilian observer mission to monitor a fragile truce in Yemen's strategic Red Sea port of Hudaida and supervise departure of combatants.
The UN-brokered truce came into effect overnight, there were some skirmishes early on, which have now subsided. Hudaida is a key lifeline for aid to impoverished and war-torn Yemen.
Houthi negotiator Mohammed Abdusalam said Hudaida should be a neutral zone apart from the conflict, and the military brigades that came from outside Hudaida province should leave.
The decision to halt oil exports through the Red Sea, which is vital for oil shipments from the Middle East, came after an attack by Houthi rebels in Yemen.
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