Word: shippingmen
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Dates: during 1950-1959
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...more modern ships onto the world's busiest inland waterway, clip the Duluth-Cleveland voyage from seven days to five, cut lake shipping costs by 15? to 18? a ton, save shippers $10 million a year. It will also unlock the lakes for large-scale foreign trade. Some shippingmen predict that by 1965 Great Lakes-overseas traffic will go up tenfold, and the U.S. St. Lawrence Seaway Development Corp. optimistically forecasts that the seaway will pass 52 minion tons of cargo a year...
Ever since Aristotle Socrates Onassis signed an agreement with King Saud Ibn Abdul Aziz to form a company for shipping Saudi Arabian oil (TIME, Feb. 22), the Greek-born tanker tycoon has found his scuppers awash with criticism. Other shippingmen attacked the deal as a step toward monopolizing the shipment of Saudi Arabian oil;* the British and U.S. Governments both protested to Saudi Arabia that the deal would squeeze out shipping companies now carrying the oil. And Arabian American Oil Co. (Aramco) complained that its interests as a producer were endangered...