Word: shipyards
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Dates: during 1960-1969
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Reviewed in grim detail were the technical problems that had kept Thresher in overhaul for nine months at the Portsmouth Naval Shipyard. The sub's defects, witnesses insisted, were remedied before the ship took to sea for its post-overhaul cruise. But, tragically and all too obviously, something did in fact go wrong. And the list of Thresher's troubles was indeed formidable. Items...
They run the biggest textile plant in Central America, the largest fishing fleet in Venezuela, the greatest shipyard in Brazil. They chatter in soprano Spanish with the first families at El Salvador's Club Salvadoreno, mine copper in Bolivia, spin yarn in Argentina, produce drugs in Mexico. The resourceful investors from Japan, venturing where U.S. businessmen have become reluctant to tread of late, have made Latin America their No. 1 in vestment target. Though Japan's total investment of some $390 million is hardly in the same league with the U.S. commitment of $8.2 billion in Latin America...
...central concentration of Japanese industry is in Brazil, to which sizable numbers of Japanese farmers have been emigrating since 1908, notably to Sao Paulo. The Japanese in Brazil control 67 firms ranging into insurance, banking, cement, glass and machinery. The Japanese-run Ishikawajima shipyard is working on its seventh vessel, and the new Usiminas steel plant, backed by a consortium of 14 Japanese companies, will pour 500,000 tons of pig iron this year. In Peru the Japanese have become leaders in the booming fish-meal industry, are also building a railroad in the backlands. In Honduras, Japan...
...Squalus, fresh from the Portsmouth shipyard, plunged 240 ft. to the bottom off the New Hampshire coast when water suddenly filled a compartment. Twenty-six men died in the flooded section, but others remained alive behind a watertight hatch. They sent a smoke bomb and a yellow buoy carrying a telephone to the surface. Four hours later another sub found the buoy, talked by phone with those trapped below. Twenty-four hours after the Squalus sank, a Navy diver reached her deck and directed a 10-ton diving bell in four dramatic descents that saved...
Mountain of Sand. Not content with supplying engines, Verolme in 1950 decided to go into shipbuilding, audaciously won orders for three ships while his new wharf was still a mountain of sand. But he produced on schedule, in a few years had another shipyard, and followed that with the establishment of his yard outside Rotterdam, one of the world's biggest and most modern. Once, when he decided to launch a 26,500-ton ship into a narrow canal, thousands of Dutchmen showed up to watch the disaster. But Verolme had made laboratory tests and even practiced at home...