Word: costing
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Dates: during 1970-1979
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...something new, something that could become a trend? "Nah," he sneers in a New Hampshire twang. "If a lot more schooners are built, it will be because a lot of people independently came by the same conclusion I did." His conclusion: with fuel now responsible for 40% of the cost of running any engine-driven ship, and the price still rising, freight rates will force merchants to find a cheaper way to haul goods. "Some day," says Ackerman, "there may not be any more fuel-driven trucks or motor ships at any price. But wind is plentiful." Cargo sailboats used...
...into her. It's quite an investment. I've got to get it back." How much? "That's my secret." The Leavitt will use cotton sails, partly because they are cheaper, partly because they wear longer on a working ship. A set will probably cost $15,000. Her hull and spars must have cost more than $350,000. The total outlay had to be considerable. But, snaps Ackerman, "whatever it is, there is no mortgage. Not one cent...
...advantage in direct loading and unloading of cargo that originates near the water. Ackerman's first load will be 150 tons of lumber and building materials being shipped from Quincy, Mass., to Haiti by Builder William Duane. Because the Leavitt will eliminate the cost of several transshipments between the Quincy yards and a Boston container ship dock, Duane figures Ackerman will be successful, moving cargo "at half the cost charged by conventional carriers." Ackerman himself figures to undercut fuel-powered vessels...
...Democratic Republic." At home, he has had to contend with rising public anger and labor strikes prompted by a deteriorating economy; it has suffered both from the decline in the price of phosphates, which provide a third of Morocco's export earnings, and from the war's cost, estimated at $1 million a day. Internationally, he has been virtually ostracized not only by other Third World countries but even by former Western patrons like France. Worst of all, since the Polisario is based in and backed by Algeria, Hassan's socialist antagonist to the east, the King...
...page audit, which was prepared by the European Court of Auditors and promptly leaked to the West German weekly Stern, disclosed that the commissioners, who administer the E.C., had run up expenses that cost taxpayers from the nine Common Market nations a total of $1.4 million last year. In addition the commissioners were paid $2.1 million in salaries and allowances. The auditors turned up such items as Jenkins' $3,842 bill for liquor consumed in his Brussels office, Danish Commissioner Finn Olav Gundelach's $126,993 transportation tab, and West German Commissioner Wilhelm Haferkamp...