Exxon Valdez Diego, California. She was a relatively new tanker at the time of the spill, and was delivered to Exxon on December 16, 1986. At the time of the spill, "Exxon Valdez" was employed to transport crude oil from the Alyeska consortium's pipeline terminal in Valdez, Alaska, to the lower 48 states of the United States. At the time it ran aground, the vessel was carrying about 201,000 m³ (53.1 million gallons) of oil. After the spill, the vessel was towed to San Diego, arriving on June 10, 1989, and repairs were started on June 30, 1989. Approximately 1,600 tons of
Oil tanker instrument, Shell consulted the "London Tanker Brokers’ Panel (LTBP)". At first, they divided the groups as "General Purpose" for tankers under ; "Medium Range" for ships between 25,000 and and "Large Range" for the then-enormous ships that were larger than . The ships became larger during the 1970s, which prompted rescaling. The system was developed for tax reasons as the tax authorities wanted evidence that the internal billing records were correct. Before the New York Mercantile Exchange started trading crude oil futures in 1983, it was difficult to determine the exact price of oil, which could change with every contract.