TANKER INDUSTRY PROGRESSING IN CLEARING UP OPERATIONS
David Knott Senior Editor The international tanker industry has made significant strides in improving the safety and environmental awareness of its operations in recent years. When Exxon Corp.'s Exxon Valdez tanker ran aground in Alaska's Prince William Sound on Mar. 24, 1989, more than 250,000 bbl of oil spilled into the water. The public outcry and political fallout that ensued spawned a shock wave that swept through the international oil industry.