Oil tanker

INCIDENT CHRONOLOGY The Chronology of the Exxon Valdez Oil Spill Incident The timeline of this incident will be based on the ‘National Transportation Safety Board Marine Accident Report’. In the year of 1989 of March 22 (11.35pm), the Exxon Valdez arrived at the berth 5, Aleyska Marine Terminal to load a cargo of Alaska North Slope crude oil. Figure 2.1: The Exxon Valdez (Shigenake, G. 2014) The total load of 1.3 Million barrels of oil took approximately a day to complete filling up the…

The main goal of any publicly owned company is to maximize shareholder wealth. At the time Exxon believe the cost of improving their tankers would be more costly versus a spill cleanup. They were wrong. They did not factor in getting caught and fined for their unethical behavior. Exxon's analysis of the costs of an oil spill versus the cost of improving their tankers seems to have been reasonable at the time it was taken. The social costs of killing birds and fish was expected to be low. In…

In 2010, the Deepwater Horizon incident, an oil spill, ripped through the Gulf of Mexico spilling 60,000 gallons of oil a day (Freudenberg and Gramling 13). It was referred to by President Obama in a speech as “the worst environmental disaster America has ever faced.” As a resident of an island nation, I saw my country get more and more anxious. We were unsure of how the oil would impact our marine life and ultimately our economy as fishing is one of our main industries. The stress of this…

Before the Oil Pollution Act of 1990 the U.S. had no liability on oil spills. The problem was still reoccurring even though over 10,000 oil spills were occurring every year around the country. It wasn’t until the major Exxon Valdez spill in Alaska that it was shown that there was no protocol or organization to immediately and effectively clean up the large spill. In the Conference report for the Oil Pollution Act of 1990, it is stated that there was a great increase on the liability of oil…

the present decade alone, there have been 47 oil spills around the world with at least 500,000 tons spilled. Many coastal economies are heavily dependent on ecosystem services such as tourism and fisheries. It is estimated that the 2010 BP Deepwater Horizon oil spill will have caused the loss of $8.7 billion in revenue and 22,000 jobs for the commercial fishing industry in the Gulf. (Natural Resources Defense Council, 2015) New methods of preventing oil spills and reducing their impact on…

Oil Drilling Regulations British Petroleum(BP) had a massive oil spill on April 20, 2010. In the BP Oil Spill, more than 200 million gallons of oil was spilled into the Gulf of Mexico for a total of eighty seven days, making it the biggest oil spill in United States history. The initial oil rig explosion killed eleven people and injured seventeen others (“11 Facts”). The spill killed hundreds of animal, plant life and destroyed the environment. BP was penalized up to forty billion dollars in…

spill in US waters until Deepwater Horizon oil spill, with approximately 11 million gallons of crude oil, but some environmentalist believe it could be upwards of around 38 million gallons of oil. The oil tanker ran aground after unfortunate circumstances of trying to avoid ice bergs. The tanker that was meant for Long Beach, California went aground in Prince William Sound, Alaska. This remote area became one of the biggest human caused natural disasters with oil covering roughly 1,300 miles of…

What is Oil Pollution? Oil pollution refers to the release of oil into the ocean. The source of the oil is more often than not due to human activity. The term is usually used to refer to oil pollution in the oceans but can also refer to oil pollution on land. Why is Oil Insoluble in Water? Oil is composed of hydrocarbons. Hydrocarbons are insoluble in water because water is a polar molecule and hydrocarbons are non-polar. The general dissolving rule is that ‘like dissolves in like’, since…

Brent Spar was first installed in Brent Field in June 1976 (Kirby 1998). This oil platform is designed as a huge floating production stage facility and owned by Shell and Esso for business purposes which including oil storage and tanker loading. After serving for 15 years, Shell decided to abandon the platform by dumping it into deep water sea with the approval of the UK Government (Kirby 1998). In 1995, Shell announced the granted dispose plan to the world. However, this has been strongly…

selected that they have heard of Argan oil before and have used it in the past. The interviews revealed that the participants became aware of Argan oil mostly through the Internet (via Articles, Beauty Blogs) as well as recommendations from family members. It can be inferred that young adult Vietnamese consumers are fairly aware of Argan essential oil product. However, approximately 30% of young adult Vietnamese consumer population has yet to become aware of Argan oil. Although the participants…