Independent journal on economy and transport policy
13:42 GMT+1
Exxon Valdez to Be Junked Years After Worst U.S. Ship Spill
(Bloomberg)
March 20, 2012
By Isaac Arnsdorf Bloomberg
The Exxon Valdez has been sold for scrap 23 years after causing the worst tanker spill in U.S. history, which led to new designs for oil carriers.
Now called the Oriental Nicety, the vessel was sold for about $16 million, Maryland-based Global Marketing Systems Inc., the world's biggest cash buyer of ships for demolition, said in a report March 16 ...... Read more on Bloomberg
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