JUNEAU -- The ship formerly known as the Exxon Valdez appears destined to become a scrap heap in a shipyard along India's Gulf of Cambay.

Just days before the 23rd anniversary of the ship's oil spill that devastated the fishing industry and environment of Prince William Sound, Hong Kong-based Best Oasis Ltd. confirmed Friday that it bought the ship for an undisclosed amount.

Stan Jones, spokesman for Prince William Sound Regional Citizens' Advisory Council, says two words sum up his and probably most Alaskans' feeling about the news: good riddance.

Scott Pegau was a student in Fairbanks in 1989, but he now operates research programs for the Oil Spill Recovery Institute in Cordova. He says herring, otters, sea ducks and a killer whale pod are still affected by the spill.

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Associated Press writer Nirmala George in New Delhi contributed to this report.