Bligh Reef Bligh Reef Bligh Reef, sometimes known as Bligh Island Reef, is a reef off the coast of Bligh Island in Prince William Sound, Alaska. This was the location of the 1989 "Exxon Valdez" oil spill. After the incident, US Code 33 § 2733 mandated the operation of an automated navigation light to prevent future collisions with the reef. Despite these efforts the tug "Pathfinder" ran aground on Bligh Reef on Dec 24, 2009, rupturing its tanks and spilling diesel fuel. Bligh Reef is also where Alaska Steamship Company's Olympia ran aground in 1910. Bligh Reef serves as a fishing ground
Oil tanker has a capacity of over , a length overall of and a cargo capacity of . They were the first ULCCs to be double-hulled. To differentiate them from smaller ULCCs, these ships are sometimes given the "V-Plus" size designation. 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 only US$0.02 per gallon at the pump. In 1954 Shell Oil developed the average freight rate assessment (AFRA) system which classifies tankers of different sizes. To make it an independent