Bligh Reef Bligh Reef Bligh Reef, sometimes known as Bligh Island Reef, is a reef off the coast of Bligh Island in Prince William Sound, Alaska. This was the location of the 1989 "Exxon Valdez" oil spill. After the incident, US Code 33 § 2733 mandated the operation of an automated navigation light to prevent future collisions with the reef. Despite these efforts the tug "Pathfinder" ran aground on Bligh Reef on Dec 24, 2009, rupturing its tanks and spilling diesel fuel. Bligh Reef is also where Alaska Steamship Company's Olympia ran aground in 1910. Bligh Reef serves as a fishing ground
Oil tanker oil tankers has ranged from 26.9 to 31.5 years. In 2005, the price for new oil tankers in the , , and ranges were US$43 million, $58 million, and $120 million respectively. In 1985 these vessels would have cost $18 million, $22 million, and $47 million respectively. Oil tankers are often sold second-hand. In 2005, worth of oil tankers were sold used. Some representative prices for that year include $42.5M for a tanker, $60.7 million for a , $73 million for a , and $116 million for tanker. For a concrete example, in 2006, Bonheur subsidiary First Olsen paid US$76.5