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
SS Tuxpam (Mexican oil tanker) SS Tuxpam (Mexican oil tanker) The SS "Tuxpam" was an oil tanker, in the service of Petroleos Mexicanos, that was sunk on 27 June 1942 by U-129. She was completed in November 1903 as SS "Prometheus" for Deutsch-Amerikanische Petroleum GmbH, Hamburg. In 1914 she was laid up at New York City and, in December of that year, sold and renamed SS "Cushing" for Standard Oil of New Jersey, Bayonne. In September 1918, she was requisitioned by the US Navy as "USS Chinampa (SP-1952)" for the Naval Overseas Transportation Service and returned to her owners in May 1919. In 1924 she