Word: fleetly
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Dates: during 1950-1959
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Daniel K. Ludwig, 60, owner of the world's second biggest privately owned shipping fleet, is so publicity-shy that almost nobody knows what he is up to. But last week word came out of his modest Manhattan office that Ludwig was up to a great deal: one of the biggest private 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...
...engine mechanic in his teens. At 27 he bought a small surplus oil tanker for use in the East Coast trade. When it blew up accidentally in 1926, Ludwig was nearly killed, his small company almost wrecked. But Ludwig recovered, raised credit to buy three more tankers, expanded his fleet further by chartering his tankers to oil and steel companies, borrowing against the charter to build or buy more tankers. He opened a shipyard in Norfolk, Va., built 18 more tankers, flourished mightily during and after World...
...interest in American-Hawaiian Steamship Co. To build ships for only $150 per d.w.t. (v. nearly $300 in the U.S.), he signed a lease on the old Imperial Japanese Navy shipyard in Kure in 1951 that runs to 1961, can be renewed to 1966. To fuel his fleet of more than 40 ships, which he sails with low-cost West Indian crews under the Liberian flag, Ludwig is building a 70,000-bbl.-a-day day refinery in Panama, also has a 1,000,000-acre Venezuelan ranch whose 10,000 head of cattle may soon supply his ships with...
...NATO's Operation Deep Water was to assume that Turkey had been invaded from the north, and in 40 days' fighting, the Turkish NATO forces had been theoretically forced back more than 60 miles to the Gallipoli Peninsula. Covered by planes and ships of the U.S. Sixth Fleet, the Marines brought in by helicopter heavy gear that parachutists normally could not carry, and then set forth to smash enemy forward positions, wreck supply lines and create such havoc that the beleaguered Turkish defenders of Istanbul could start rolling again...
...Sixth Fleet moved in, a sweptwing, twin jet flew in from the Bulgarian coast, and came down low over the massed invasion fleet. Vice Admiral Charles R. Brown radioed his carrier force in the clear: "A possibly hostile aircraft is approaching your area. If it menaces your formation, use sidewinders [air-to-air missiles carried beneath a plane's wings] to prevent photography." But before hastily launched U.S. Navy delta wing Sky rays could catch it, the twin jet scooted home to Communist territory...