Word: australianbuilt
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Dates: during 1960-1969
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...repercussions were greater than even Miller could have anticipated. Last July, Australia decreed that all coastal tankers would have to be Australianbuilt and Australian-manned, limited the total number of coastal tankers to twelve, and allotted three of them to Coalman Miller. As a result, the oil companies will be forced to spend an extra $4,500,000 annually on tanker operating costs, another $2,500,000 to bring crew accommodations up to Australian standards and $42 million on new Australian-built tankers-in addi tion to channeling some of their business to Millers ships...
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