Word: freighter
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...when Communist China built its biggest freighter, the 11,182-ton ship was christened-naturally-Yueh Chin, or the S.S. Leap Forward. With almost as much fanfare as when she was launched, the Leap Forward sailed from Tsingtao last week with the first cargo shipped from China to Japan since the two countries signed a recent trade agreement ending their five-year official boycott of each other's goods. Then, half way across the East China Sea one afternoon last week, the Leap Forward suddenly radioed for help. Four hours later, the pride of China's merchant fleet...
...continues. Mexican financiers have bought the complete auto plant of Germany's bankrupt Borgward to create Mexico's first full-scale auto producer (there are eight foreign assembly plants in Mexico). All 40,000 tons of Borgward's production -line is being shipped over in 40 freighter holds, and the first shipment is due to dock this week. Venezuela this year barred all imports of finished cars; one result is that eleven producers plan to open assembly plants in Venezuela, where they will compete for an annual market of only 28,000 cars...
...victim of six Pacific ocean-going unions. Even though its Hawaii run was not subsidized by the U.S. Government, Matson had to follow suit when subsidized U.S. shipping lines gave in to frequent wage demands to avoid strikes. Result: labor now accounts for half of its operating costs on freighters and even more on passenger liners. High operating costs have also led to freight-rate rises of 48% since 1957, prompting many Hawaiian businessmen to blame Matson for the island's dizzily high prices and to shop for alternate shipping lines. Containing the Cargo. Powell has modernized the line...
...amount of research is too much for him. He goes where the story is. A few weeks ago, he got on a freighter in Vera Cruz and rode with seven boring fellow passengers to Houston in preparation for his movie adaptation of Katherine Anne Porter's Ship of Fools. In Rome, between sessions with De Sica, he popped around to Miss Porter's hotel room to confer with her on the script. In Mexico, he was also collecting impressions for his script of Children of Sanchez. Soon he will be in Georgia and Mississippi soaking up attitudes...
...violence confined to the university grounds. The student terrorist organization is closely linked to the FALN (Armed Front for National Liberation), which in the last six months has destroyed an oil refinery, burned a Sears Roebuck warehouse, plundered an exhibition of Van Gogh and Cezanne paintings, hijacked the freighter Anzoategul, and performed numerous other acts of violence...