Business Services Industry

A SEA CHANGE IN SAFETY.

Business Insurance, March, 1999 by KAZEL, ROBERT

Ten years after the Exxon Valdez oil tanker ran aground in Alaska's Prince William Sound, leaking 11 million gallons of crude oil into a previously pristine environment, leaders in the oil transport industry assert that the risk of a similar spill has been reduced tremendously. The worst oil spill in U.S.

history occurred shortly after midnight on March 23, 1989, when the Valdez, carrying 53 million gallons of oil, drifted from tanker lanes and hit a shoal on the sea bottom, breaching its hull. Winds soon drove the oil over 1,300 miles of coastline, resulting in the deaths of whales, hundreds of seals, thousands of sea otters and hundreds of thousands of birds. While devastating to the local environment, the accident had another effect: Procedures and rules...

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