Word: deadweight
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...France has enough oil on hand for ten weeks, Germany for twelve weeks, Great Britain for four weeks. The industry has developed greater flexibility as a result of the valuable lessons learned during the Suez incident. A tanker shortage no longer exists; some 437 vessels totaling 7,000,000 deadweight tons are laid up in Western shipyards ready to maintain a flow of oil to any beleaguered nation...
Even more surprising was the number of rank-and-file party workers-already in real trouble fighting the Democratic tide, already aware that Ike is of little value in local elections-who are appalled at the thought of the Administration's being a deadweight. Only four G.O.P. Senators, Vermont's George Aiken and Ralph Flanders, New York's Jacob Javits, Kansas' Frank Carlson, supported the President's stand on Adams-and they are not candidates...
...survives a deadweight glossary of Hollywood stars--including Marlon Brando, John Gielgud, James Mason, Edward O'Brien, Deborah Kerr, and Greer Garson, a number of them wasting their talent and experience on bit-parts and walk...
...trouble with shipping is overexpansion coupled with a recession-and the glut of oil (see below). In 1957, tanker operators expanded their fleets by 5,500,000 deadweight tons, or 11%, to 49.6 million tons overall. But free-world oil production-and thus the need for tankers-will increase by 4% or less this year. Result: nearly 3,000,000 tons (6%) of the world's tanker fleet lie idle, and the total may mount to 4,000,000 tons by midsummer...
...shipbuilding orders ever. Beginning next June, his shipyard division in Kure, Japan will start building five huge, 103,000-dead-weight-ton tankers, dwarfing Ludwig's 85,000-d.w.t. Universe Leader, world's biggest tanker, and boosting Ludwig's fleet to more than 3,000,000 deadweight tons by 1960. When the ships are launched, they will put him ahead of Stavros Niarchos as the world's No. 1 independent shipowner...