The oil tanker made infamous in the 1989 Prince William Sound oil spill in Alaska has been sold for scrap for about $16 million, reports the shipping industry publication Tradewinds. The former Exxon Valdez was sold by ExxonMobil in 2008 and changed hands more times since then. Exxon first changed the ship's name in 1990.

The Dallas Morning News traces the ship's history post-spill:

Even as disaster crews were cleaning up the mess in Alaska, the ship was towed to San Diego, repaired and renamed the Exxon Mediterranean and moved to work the European shipping lanes. The name was changed again to SeaRiver Mediterranean when Exxon moved its fleet under a new subsidiary, River Maritime Inc. The name was then shortened to S/R Mediterranean. ...

In 2008, ExxonMobil sold the ship and it was converted by its new owner to an ore carrier and renamed Dong Fang Ocean. In November of 2010 the Dong Fang collided with the Aali, a Malta-flagged cargo ship. She was towed to Longyan Port in the Chinese province of Shandong. Again renamed Oriental Nicety, her sale was announced by Maryland-based Global Marketing Systems, Inc. the largest cash buyer of ships slated for scrap.

The ship was just 3 years old when it ran aground in Prince William Sound. Read more at the Dallas Morning News.