Word: porting
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Dates: during 1950-1959
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...PIPELINE DEAL is ready for signing by U.S. allies in Middle East. Agreement has been drafted to lay $500 million 1,100-mile line from Iran's Qum field (TIME, May 6) to Turkey's Mediterranean port of Iskenderun, and the two nations have offer of financial help from U.S. investors headed by Wall Street's Allen & Co. Prospect is that Iraq will hook into line via short feeder pipe, thus bypassing Syria...
When John Foster Dulles' plane rolled up onto the ramp at Manila's International Airport, a strong wind sent a gust of oil flying from the inboard port engine. It spattered across the welcoming committee of U.S. Admiral Felix Stump, in natty whites, Ambassador Charles ("Chip") Bohlen, in a white sharkskin suit, a dozen newsmen. Said a bystander: "They suddenly looked like they'd gotten measles...
Black he brought up two other pet projects: electric power and port improvement. Even after the $35 million is used up, the emphasis would most likely be on businesslike loans instead of giveaway grants...
...into a major ore supplier for the U.S. and Europe; D'el Key will be almost as big as Hanna's Labrador project, which shipped about 12.5 million tons last year. It plans to spend something like $300 million for equipment, a railroad and a port to get the ore to market. In winter, Hanna's fleet of 40,000-ton ore carriers will shift southward from ice-locked Labrador to Brazil, cut around the world carrying 10 million tons of ore annually to U.S. and European customers. Nor will the ships go down to Brazil empty...
...urge to intervene was based not on the Bolshevik but the German menace. The treaty of Brest-Litovsk took Russia out of the war and left the Germans free to mount what was to be their last massive offensive on the Western Front. The Allies also feared that the port of Murmansk and tens of thousands of tons of war supplies in Archangel and Vladivostok would fall into German hands...