Indian ship company buys Exxon Valdez for scrap

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An Indian company that dismantles old ships has bought the Exxon Valdez, the tanker involved in one of the worst oil spills in U.S. history.

Best Oasis official Gaurav Mehta says his company recently bought the Exxon Valdez, but he declined to say from whom or at what price.

He said on Friday that the vessel is most likely headed for the scrap yard.

Millions of gallons of crude oil spewed into Alaska’s ecologically sensitive Prince William Sound when the Exxon Valdez was cut open by a rock in 1989.

The oil spill caused enormous environmental damage, coating the shoreline with petroleum sludge and killing nearly 40,000 birds.

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