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
1989 Narragansett Bay oil spill planned, had not taken on a harbor pilot, and shortly before she ran aground, Captain Georgudis had sent both his first officer and watchman away from the bridge to work on other tasks, which the NTSB judged left the ship "without a qualified deck watch officer for several minutes prior to the grounding." 1989 Narragansett Bay oil spill On June 23, 1989, several hundred thousand gallons of fuel oil were spilled at the mouth of the Narragansett Bay in Rhode Island after the tanker MV "World Prodigy" ran aground on a reef near Aquidneck Island. "World Prodigy", a long ship