Word: ship
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Dates: during 1960-1969
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...Fielding's guide is a kind of Bible to us," says Montreal Businessman Gordon Mills, 53, who, with his wife Isabel, is currently winding up a month-long European vacation. "Right from the start it made things easier?things like tipping on the ship coming over. It helped us fit in much quicker." On Fielding's recommendation, Mrs. Mills shopped at Liberty's for a tweed suit, at Marks & Spencer for sweaters and lingerie, at Harrods for a 220-volt adapter for their traveling steam iron?"He says you can get anything at Harrods." They ate dinner at the Elizabethan...
...well. Congress and the public are deeply concerned about the spiraling costs of new weapons systems and their frequent failure to perform up to expectations. High prices and technical flaws plague many major weapons systems, including the Army MBT-70 tank (prime contractor: General Motors), the Navy LHA assault-ship program (Litton) and the Air Force Short-Range Attack Missile (Boeing). Last week all the censure converged on two huge defense projects, the Air Force C-5A transport and the Army AH-56A Cheyenne helicopter. Both are built by Lockheed Aircraft Corp., whose $2.2 billion in sales last year were...
Haulers are demanding ever larger ships, and builders have to meet the orders so that competitors will not run away with them. Since 1968, the oil companies have put into service twelve ships of 200,000 tons or more-called "oilbergs"-and they have 170 more on order in yards from Bilbao to Yokohama. Last week California Standard contracted for a pair of 260,000-tonners from Japan's Mitsubishi. Britain's Scott Lithgow group two weeks ago landed its first order for an oilberg, a 250,000-tonner to be constructed for Anglo Norness, a Bermuda-based...
...devices that can flip over 80-ton subassemblies to make welding easier. These have helped reduce building costs from $91 a ton for a 100,000-d.w.t. tanker to $68 for a 300,000-tonner. Even the Japanese see an economic limit; they estimate that a 500,000-d.w.t. ship would cost them...
Toward a Million. The oil companies want bigger tankers because huge capacity makes it economical for their ships to bypass the blocked Suez Canal and lumber around the Cape of Good Hope to Europe or the Americas. The transport costs run to about 400 per bbl. in a 200,000-d.w.t. ship, compared with 520 in a 70,000-tonner. Each big ship can save a company about $1,000,000 a year in hauling costs...