ExxonMobil the Exxon Building (1251 Avenue of the Americas), its former headquarters in Rockefeller Center, to a unit of Mitsui Real Estate Development Co. Ltd. in 1986 for $610 million, and in 1989, moved its headquarters from Manhattan, New York City to the Las Colinas area of Irving, Texas. John Walsh, president of Exxon subsidiary Friendswood Development Company, stated that Exxon left New York because the costs were too high. On March 24, 1989, the Exxon Valdez oil tanker struck Bligh Reef in Prince William Sound, Alaska and spilled more than of crude oil. The Exxon Valdez oil spill was the
Architecture of the oil tanker be phased out by 2010 at the latest, depending on the year of delivery. With MARPOL tankers, it is not allowed to use ballast tanks as cargo tanks. This has reduced operational spillage drastically. The downside is designs based on MARPOL spill more oil when damaged than a preMARPOL tankers. This is due to several factors: These small tanker will also be phase out by 2010. After the "Exxon Valdez" disaster, public outcry became so strong that authorities were forced to come with preventive measures. Especially the double hull design was favoured and although this is not the best design