Word: deadweight
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Dates: during 1970-1979
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...President's position swung full circle since he backed the deadweight Shah in the showdown in Iran a few months ago. In an act of rare decisiveness, Carter made it clear to President Anastasio Somoza that despite his appeals, the only aid he could hope for from the U.S. was as a refuge...
...Coast Guard has made some cautious efforts to use its authority to set safety standards. Last month, for example, it ruled the new tankers of more than 70,000 deadweight tons would have to have segregated ballast systems-set up so that no oil is dumped when ballast tanks are emptied-to be admitted to U.S. ports. Still the Coast Guard concedes that it has followed "a gradualism type of approach" on matters of tanker safety, as Admiral Owen Siler, the Coast Guard commandant, put it in Senate Commerce committee hearings last week. Some maritime experts argue that the Coast...
...Polish thrust is not yet a major threat to the better-known shipyards of Bremen, Clydeside and Yokohama. The country still ranks only twelfth in gross registered tonnage among shipbuilding nations. But Poland's annual output has risen 50% just since 1970, to 750,000 deadweight tons, and shipbuilding has become the country's second largest earner of foreign currency, after coal. Polish shipbuilding has become one of the few Communist bloc industries ca pable of competing in the West on straight commercial terms. Capitalist nations last year bought almost $200 million worth of Polish ships, about half...
Even so, the outlines of the empire can be discerned through the camouflage with which Ludwig obscures his activities. The six principal divisions: SHIPPING. Ludwig's 59 oceangoing ships include the six biggest tankers afloat, each more than 326,000 deadweight tons. In all, Ludwig has some 5,000,000 deadweight tons on the high seas-a bigger operation than that of either Aristotle Onassis or Stavros Niarchos. FINANCE. Ludwig owns or controls savings and loan companies that have assets of more than $200 million and deposits of $4 billion. They include Colonial Savings and Loan Association...