Valdez, Alaska The original town site was dismantled and abandoned. From 1975 to 1977, the Trans-Alaska pipeline was built to carry oil from the Prudhoe Bay oil fields in northern Alaska to a terminal in Valdez, the nearest ice-free port. Oil is loaded onto tanker ships for transport. The construction and operation of the pipeline and terminal boosted the economy of Valdez. The 1989 "Exxon Valdez" oil spill occurred as the oil tanker "Exxon Valdez" was leaving the terminal at Valdez full of oil. The spill occurred at Bligh Reef, about from Valdez. Although the oil did not reach Valdez, it devastated
Oil tanker shipped by tanker. This amounted to 34.1% of all seaborne trade for that year. In terms of amount carried and distance carried, oil tankers moved 6,487 billion metric-ton-miles of oil in 1970. The United Nations also keeps statistics about oil tanker productivity, stated in terms of metric tons carried per metric ton of deadweight as well as metric-ton-miles of carriage per metric ton of deadweight. In 2005, for each of oil tankers, 6.7 metric tons of cargo was carried. Similarly, each of oil tankers was responsible for 32,400 metric-ton miles of carriage. The main loading ports in 2005 were located