Word: fleets
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Author C. Northcote Parkinson [June 14] should be flogged around the fleet for suggesting that Hornblower was responsible for the timely death of H.M.S. Renown's dread Captain Sawyer. Any Hornblower student worth his salt pork knows that the most likely author of Sawyer's assist down the hatchway was Henry Wellard. Wellard is known to have suffered repeatedly under Sawyer's sadistic paranoia, and was described as "highly agitated" on the night of the incident. The testimony of the Marine corporal, Greenwood, places Wellard with Hornblower near the hatchway, and both Marine Captain Whiting and Lieut...
Beginning in 1955 with an aging tramp steamer, Pao has built a fleet of 3.5 million tons, most of it in ultramodern supertankers and bulk carriers. By comparison, Niarchos controls 3.4 million tons and Onassis 4.3 million. Pao's navy has the distinct advantage of being practically brand new. But by early 1975, when some $800 million in new ships that he has already ordered are delivered, the Pao armada will total about 10 million tons. With an average age of less than 3.5 years, it will be the largest and newest private fleet on the seas...
Banker's Delight. Low overhead and economies of scale have made Pao's fleet attractive to investors who normally steer clear of the speculative shipping market. As a result, Pao has been able to tap, almost at will, the rich and growing capital market in Hong Kong. The Hongkong and Shanghai Banking Corp. has been a steady source of his financing. With its backing, Pao charts the course for his 63-ship fleet through a baffling array of tax-haven companies in Liberia and the Bahamas. The empire is managed through Pao's personal company, World-Wide...
...like his tycoon contemporaries, well into middle age. What distinguishes him from the other super sealords is the incredible pace at which he has expanded his fleet. With a personal fortune estimated by his business associates at anywhere from $300 million to $800 million, Pao does not ever have to go near a shipyard again. Yet he shows no sign of relaxing. After announcing his latest orders last week in New York, Pao hopped a plane for Tokyo to look for shipyards interested in another maxi-order...
Shnayerson, who adopted him when he was eight. Shnayerson was subsequently shipped off to a succession of twelve schools. "It was," he recalls, "a miserable but interesting childhood, the kind that-if you survive-makes you stronger for having had it." After World War II service in the Navy (fleet oilers, submarines), he worked briefly as a junior reporter for the New York Daily News before enrolling at Dartmouth, where he became the college middleweight boxing champion and ran on the cross-country team. To maintain his fit condition, Shnayerson runs four miles each morning in Manhattan's Riverside...