Word: fleets
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Dates: during 1960-1969
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...questions about national defense, especially in regard to Europe and the Mid-East. The Soviet army's performance in the Czech invasion impressed Western observers as "brilliant" and "faultless"; in the Mediterranean, with ready access to any war zones in the Mid-East, the Soviets have recently established a fleet of at least 50 ships and have secured use of an excellent port in Algeria. NATO forces, on the other hand, are understaffed even by pre-invasion levels, and the U.S. Sixth Fleet, which has been weakened by sending reinforcements to the fleet off Vietnam, will probably lose its home...
...worth vastly enhanced by wartime earnings, Onassis in 1946 married the younger daughter of Stavros Livanos, then one of the most powerful of the Greek shipping magnates. (Another Livanos daughter subsequently married and divorced Niarchos, now 59, whose tanker fleet today is reputed to be larger than the Onassis flotilla.) Athina ("Tina") Livanos Onassis was only 17 when she married the stocky (5 ft. 5 in.) Greco-Argentine; she bore him two children: Alexander, now 20, and Christina...
Earlier in the 1950s, Onassis became intrigued with whaling, ran a 20-ship fleet. When his vessels invaded the territorial whaling waters of Peru, the Peruvian navy confiscated his flagship only to discover that, thanks to a Lloyd's insurance policy, Onassis was not losing a penny. Divining correctly that the whaling industry faced hard times, Onassis sold his fleet to Japan in 1956, at a profit of $8.5 million...
According to an American associate, Eliot Bailen, Onassis "is not an officer of any corporation, domestic or foreign, but an owner holding stock that gives him control of corporations." As a result, he controls some 100 companies in a dozen nations, operating a fleet of perhaps 4,000,000 tons displacement under "flags of convenience." Beyond that, he is engaged in developing the "supertankers of the air," the next generation of giant jets and shuttle airbuses. His investments include hotels, banks, and seaports. But oil shipping remains his principal source of income. In a moment of self-deprecation, Onassis once...
...destroyer. One salvo from its nine 16-in. guns carries nearly half the destructive power of a B-52 bomb load. Last week the world's only active battleship, the 59,300-ton U.S.S. New Jersey, with Captain Joseph Edward Snyder Jr. in command, joined a Seventh Fleet Task Force off the South Vietnamese coast. In its first action -which incidentally earned her crew combat pay for all of September - the New Jersey silenced four anti-aircraft positions just above the DMZ and twelve miles inland. It also pounded a bunkered storage depot that had proved impervious...