An Inclusive Litany

7/25/95

Owners of the ship once known as the Exxon Valdez have applied for a federal subsidy. SeaRiver Financial Holdings, an Exxon subsidiary, says that since the ship has been banned from Alaskan waters following a disastrous oil spill, they have had to use it in international shipping. The subsidy is available from the Maritime Administration for U.S. ships engaged in overseas trade.