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
NEPCO 140 oil spill NEPCO 140 oil spill The NEPCO 140 Oil Spill took place in 1976 near Clayton, New York when the NEPCO 140 ran aground while traveling inland, spilling an estimated of oil into the Saint Lawrence River. On June 23, 1976, the tugboat "Eileen C" was pushing the NEPCO 140 barge, filled with crude oil, when it ran aground in the American Narrows, off Wellesley Island, in the Thousand Islands region. The Captain had not made a large enough adjustment to his course, when realizing the vessel was off-track in the thick fog.<ref name="Suspension_Revocation/Commandant_Decisions"></ref> Upon running aground, the barge ruptured two