Walter B. Parker Act, which was signed into law in 1980 by U.S. President Jimmy Carter. On March 24, 1989, the Exxon Valdez oil tanker struck Bligh Reef in Prince William Sound, spilling an estimated 260,000 to 750,000 barrels of crude oil. The Exxon Valdez oil spill was a major environmental disaster for the state. Governor Steve Cowper, who held office at the time of the spill, appointed Walter Parker as the chairman of the Alaska Oil Spill Commission in 1989. The Alaska Oil Spill Commission was created by the Alaska state government to investigate the causes of the Exxon Valdez oil spill.
Sanchi oil tanker collision Sanchi oil tanker collision The Sanchi oil tanker collision occurred on 6 January 2018 when the Panamanian-flagged, Iranian-owned tanker , with a full natural-gas condensate cargo of 136,000 tonnes (960,000 barrels), sailing from Iran to South Korea, collided with the Hong Kong-flagged cargo ship off Shanghai, China. "Sanchi" caught fire shortly after the collision; after burning and drifting for over a week, it sank on 14 January. None of "Sanchi"s 32 crew members survived. The crew of the "CF Crystal" was rescued and the ship made port in China. The financial damage of the sinking of "Sanchi", based on NIOC