Word: fleets
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Dates: during 1960-1969
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...bombers as against 150 turboprop Soviet TU-95 Bears. There are 1,054 Minuteman and Titan II U.S. ICBMs, v. about 1,000 Russian ICBMs in the SS series. Undersea, the U.S. has 41 Polaris submarines, while the Soviets are adding twelve a year to their present fleet of nine; both U.S. and Soviet submarines carry 16 missiles each...
Among the leading fleet owners...
...Costas Lemos, 60, is by far the wealthiest of all Greek shipowners. His net worth: about $750 million. At the end of World War II, he owned a shipping line, but no ships at all. The war had destroyed 70% of the Greek merchant fleet, including the three Lemos vessels. To replace them, Lemos bought three U.S. Liberty ships at cut-rate prices. Like many other Greeks, he has devised quite a few new methods and designs, including a combination liquid-dry cargo ship that can haul a load of oil on an outbound voyage and return with a cargo...
...John C. Carras, 60, inherited a small line that his grandfather started with a rowboat. Carras has built it into a 1,000,000-ton fleet, partly because he was early to appreciate the abilities of the Japanese to build ships at low cost. Of the 19 ships that he now has on order, 17 are being built in Japan. - Nikolas Papalios, 56, went into business after World War II with a 210-ton fishing boat, built in 1895, that he converted into a freighter. By 1957, he owned five small ships and was able to buy a U.S. Liberty...
...father's two freighters before he took over in 1959. "I bought my first ship with my father's good name as the only guarantee, but that was enough," he says. With that kind of credit, plus hard work and luck, he has built up a fleet of 600,000 tons. He takes pride in knowing by name all the crewmen on his 20 ships...