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
Kirki (tanker) famous Clarke & Dawe sketch, "The Front Fell Off" from "A Current Affair". Kirki (tanker) The Kirki was a 210 metre long Greek-registered oil tanker which caught fire on 21 July 1991, 30 km west of the fishing town of Cervantes, Western Australia. The fire resulted in the ship's bow tearing off, rupturing the forward storage tanks and causing an oil spill initially estimated at 2.9 million gallons. At the time it was the worst oil spill to have occurred in Australian waters. The vessel remained afloat and traveled north to the waters off Cape Preston where oil remaining in