Word: freighters
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...FREIGHTER-BUILDING program will be subsidized by Government. Maritime Administration is negotiating to replace entire 54-ship fleet of Lykes Bros. Steamship Co. with fast (18 knots) freighters that could be used in national emergency. Deal calls for up to 53 dry-cargo ships to be built in private yards over 20 years with Government paying half of the estimated $500 million cost...
...There Be No Moaning. In Penobscot Bay, Me., Harbor Pilot George Jennings steered the freighter Indochinois into open water, couldn't return to shore because of rough seas, moodily faced a round trip to France...
...bureaucratic bumblings. This is notably true in the infant shipbuilding industry, which operated in the red until 1955 because parts often were promised for delivery after the planned completion of the ship, and supplying industries were built up far from ports. East Germany has launched one 10,000-ton freighter at Warnemünde, now is producing other freighters at Wismar and Rostock, plus 500-ton fishing luggers and luxury yachts (for Communist brass and export) in shipyards at Stralsund and Wolgast on the blue Baltic. But East Germany's marine diesel engines are of prewar design...
...Freighter Breakout. The war was not the only reason for action; there was an expectation that even if the Mideast trouble should be settled, large shipments of commodities would be sent into the area by the U.S. The Government had already scheduled a vast surplus-grain program for India, was negotiating a wheat agreement with Israel and talking of shipping food-mostly wheat-to Poland. Hungary, and other rebellious Russian satellites. To transport the vast amount of commodities the Maritime Administration last week released thirty 10,000-ton wartime freighters from its reserve fleet...
...hope foreigners will realize, said one Israeli spokesman with an angry gesture toward the steamer lying at anchor in Haifa harbor, "that what Nasser did to the Panaghia today, he can do to British and American ships tomorrow." To the people of Israel at least, the 550-ton Greek freighter was floating proof that Egypt's Nasser, as master of the Suez Canal, could not be counted on to keep his promise not to interfere with the free passage of shipping. The Panaghia itself was not the only vessel to find its way barred as it tried to pass...