Exxon Valdez oil spill Exxon should have told the jury at the start that an agreement had already been made, so the jury would know exactly how much Exxon would have to pay. As of December 15, 2009, Exxon had paid the entire $507.5 million in punitive damages, including lawsuit costs, plus interest, which were further distributed to thousands of plaintiffs. In October 1989, Exxon filed suit against the State of Alaska, charging that the state had interfered with Exxon's attempts to clean up the spill by refusing to approve the use of dispersant chemicals until the night of the 26th. The state disputed
History of the oil tanker in 1967 caused a public awareness about the environmental dangers of oil tankers. Oil companies united in 1970 in the Oil Companies International Marine Forum to become involved in the following issuing of rules such as MARPOL 73. In 1968 also the International Tanker Owners Pollution Federation was founded to indemnify the victims. For tanker owners, the Six-Day War of 1967 was of greater importance. The Suez Canal closed until 1975 and freight rates skyrocketed because of the shortage of tonnage now ships had to pass the Cape of Good Hope. Even larger tankers were now built, as the limitations