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
Katina P and sunk by German aircraft at Astakos, Greece. Katina P Katina P was a Greek oil tanker carrying 72,000 tonnes of oil which sank off the Mozambique coast on 26 April 1992. On 17 April 1992, the master of the Greek-owned, Maltese-flagged vessel "Katina P" deliberately ran the ship aground north of Maputo in Mozambique and then abandoned ship. The tanker, which had been under way from Venezuela to the Persian Gulf, had lost a hull plate during a storm. Two of the vessel's tanks had ruptured and spilled some 13,000 tonnes of #6 heavy fuel oil in the Mozambique