Word: drydocks
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Dates: during 1940-1949
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...hills of Panama. A few miles farther on is Asen fjord, where the really big ships hide: the mighty Tirpitz, the pocket battleship Admiral Scheer, and the damaged heavy cruiser Admiral Hipper. According to Stockholm reports, the Germans are preparing a full-fledged naval base there, building a drydock big enough to take in 40,000-ton battleships...
...base at the northern end of the island, is the key to the western half of the Indian Ocean. Diego-Suarez snuggles in a broad, lighthouse-studded bay, and it affords the navy of the nation which controls it a fully equipped submarine station, a 26,000-ton capacity drydock (nearest equivalent: Southampton, England), radio stations, a largely equable climate, a military hospital, a good water supply, a big power plant and meteorological station...
...were well over a hundred valuable Commando-fighters, sunk (according to German claims) were 13 British motor gunboats and torpedo ships. But the British were well satisfied. On their farthest Commando raid of the war, they had, they were confident, knocked out the only Atlantic port big enough to drydock the battleship Tirpitz, the dock that had once held the once-mighty Normandie, the busiest pen for Nazi subs. The raid was soothing to Britain's invasion boosters, too. To many of them it seemed that the British brass hats were at last realizing the vulnerability...
...Still in drydock as far as proven ability goes, the Varsity lacrosse team takes to the water on its maiden voyage next week when its ports of call on the annual spring trip are Penn, the University of Maryland, and Navy...
Moreover, from Barnes's candor at its most candid, it appeared that haste and Hitler were not the only villains of the piece. The ghost of NRA, he revealed, still stalks the ship repair yards. Because Todd competitor United Drydock (since bought by Bethlehem Steel) was in danger of going broke, the NRA code fixed all repair yard rates on the basis of daily wages paid, plus 35 or 40% overhead, plus machine rentals, plus 10% "profits." The arrival of war and a flood of Government work found this antique formula still in effect. As the yards filled, overhead...