Exxon Valdez punitive damages to the Supreme Court which capped the damages to US $507.5 million in June, 2008. On August 27, 2008, Exxon Mobil agreed to pay 75% of the US $507.5 million damages ruling to settle the 1989 "Exxon Valdez" oil spill off Alaska. In June 2009, a federal ruling ordered Exxon to pay an additional US$480 million in interest on their delayed punitive damage awards. After repairs, "Exxon Valdez" was renamed "Exxon Mediterranean", then "SeaRiver Mediterranean" in the early 1990s, when Exxon transferred their shipping business to a new subsidiary company, River Maritime Inc. The name was later shortened
Exxon Valdez oil spill contracted during the actual crisis. Several weeks after the spill, "Saturday Night Live" aired a pointed sketch featuring Kevin Nealon, Phil Hartman, and Victoria Jackson as cleanup workers struggling to scrub the oil off of animals and rocks on a beach in Prince William Sound. In the 1995 film "Waterworld", the "Exxon Valdez" is the flagship of the movie's villain, "The Deacon," the leader of a band of scavenging raiders. In the ship is a portrait of their patron saint, Joseph Hazelwood. In the second Forrest Gump novel, "Gump and Co." by Winston Groom, Gump commandeers the "Exxon Valdez" and