Bill Allen (businessman) Barbados as well. VECO also was a worldwide player in the oil industry, having divisions in many major oil markets, including the Sudan, Russia, Mexico, Venezuela and Syria. VECO had a major impact on the economy of Alaska and employed over 5,000 people worldwide. On March 24, 1989, the oil tanker Exxon Valdez ran aground on Bligh Reef, spilling eleven million gallons of crude oil into the waters of Prince William Sound. The Exxon Valdez oil spill was the second largest in United States history, after the BP Gulf of Mexico Deepwater Horizon spill. Under Allen's guidance, VECO (along with
Architecture of the oil tanker a mid-deck design overcomes this by eliminating the double-bottom compartments that are void with air. Since the density of seawater is greater than that of oil, water comes into the tanks instead of oil escaping out, and rather than spilling, oil is vented upwards into overflow tanks. If the "Exxon Valdez" had been a Mid-Deck ship, she would have spilled very little oil. A variation on the Mid-Deck Tanker is the Coulombi Egg Tanker, which was approved by IMO as an alternative to the double hull concept. The design consists of a series of centre and wing tanks that are