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
History of the oil tanker smaller ULCCs, these ships are sometimes given the "V-Plus" size designation. In February 2008, their owners announced plans to convert "TI Africa" and the "TI Asia" into stationary floating storage and offloading units to be placed in the Al Shaheen oilfield near Qatar in late 2009. With the exception of the pipeline, the tanker is the most cost-effective way to move oil today. Worldwide, tankers carry some annually, and the cost of transportation by tanker amounts to US$0.02 per gallon at the pump. The first open register was Panama in 1916. Fear for political instability and high and excessive consular