Word: port
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Dates: during 1980-1989
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...Monday night. I was walking from Lowell House to Lamont Library to meet a friend. It was a cold night and I was hurrying along Linden Street. I looked into the Cambridge Port Savings Bank window because I like to see myself striding along the street, at home in Cambridge. A man was standing in the main part of the bank, alone, in a gray jacket and jeans. He didn't look like a bank robber. He was wearing high tops, just like me, and I thought he might be a student...
...MacPlus offers increased speed and twice asmuch internal memory as the earlier Macintosh. Themachine also has redesigned disk drives whichstore more information and an additional port toaccomodate a hard disk drive...
...Burmah Endeavour is a modern supertanker that can carry 458,000 tons of crude oil, enough to fuel all of Britain for two days. But for the past three years, the great ship has been out of work. It lies at anchor in the port of Southampton, manned only by two security guards who walk its 5 1/2 acres of decks. Meanwhile, 17 more big tankers stand idle in fjords along the coast of Norway. At the port of Fujairah, near the mouth of the Persian Gulf, Harbor Master Roger Turnbull begins each day in his control tower by counting...
...since the Great Depression. The battle for business has severely corroded cargo-hauling rates and the values of ships. It costs only about $7 today to move a ton of grain from New Orleans to Amsterdam, in contrast to $17 in 1981. Says Fernand Suykens, director general of the port of Antwerp: "World shipping is very sick, and nobody knows when it's going to get any better...
...shippers and builders have already sailed over the edge, or come close. The U.S., which had about 20 general cargo ship lines in 1970, now has only seven. This month the Swedish government announced plans to close the country's last major commercial shipyard, Kockums, located in the southwestern port of Malmo. Thage Peterson, Sweden's Industry Minister, said the government has pumped $4.7 billion into the shipbuilding industry over the past decade, but finally decided to end the Kockums subsidies because the firm had received no new orders in more than two years. In Hong Kong, the Tung family...