Word: seereederei
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...Warnemünde's Warnow yards - East Germany's largest-delivered a 12,300-ton freighter to the U.S.S.R., along with the 150th of a series of 10,000-ton freighters to East Germany's own state-controlled shipping company, VEB (for Volkseigener Betrieb) Deutsche Seereederei (The People's Own German Shipping Enterprise). The Wismar yards launched a 20,000-ton Russian passenger ship, the Shota Rustaveli, and Rostock's Neptune yards sent another 4,000-ton freighter, the 112th during the past eleven years, down the ways. And 1967 looks to be another banner...
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