Word: shipyards
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Dates: during 1960-1969
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...decided that he had witnessed an omen of good fortune. Apparently he was right: today the family flag, a seven-pointed white star on a light blue field, is known the world over. It flies on 92 freighters, tankers and other vessels of the Maersk Line, over a shipyard and machinery and petrochemical plants, even over a 25,000-acre sugar plantation in Tanzania...
Most of the line's ships are built at MØller's Lindoe shipyard near Odense. Of 54 ships launched there in the past ten years, 31 fly the seven-pointed star. But even without the shipping line, the shipbuilding branch would probably be in the black. The boom that followed the closing of the Suez Canal left order books bulging, with some delivery dates as far ahead as 1970. Eleven ships with more than a 2,000,000-ton capacity are on order at Lindoe, including two 240,000-ton tankers for Esso...
...Lebanese government, the bank that was once the country's largest will be transformed into an international investment company. It will take over Intra's extensive business holdings-including thriving Middle East Airlines, Beirut's port and the Phoenicia Hotel, cement plants, warehouses, casinos, a French shipyard and valuable real estate on Paris' Champs Elysees-and try to recoup the bank's crippling losses with their future profits. As a $1,000,000-plus financial consultant, Kidder, Peabody hopes to raise $30 million to develop these and other Intra-owned properties like Baalbek Studios, which...
...Obelisk was fabricated, invested $100,000 in it so that sculptors could produce works for civic groups and industry. U.S. Steel supplies Lippincott with its new Cor-Ten steel, which weathers to a russet brown, at a generous saving. Bethlehem Steel let Robert Murray use its San Pedro, lif., shipyard to build his Siton Duet...
This week, however, British mariners can take hope. At the same Clydebank shipyard of John Brown & Co., Ltd. where the Queens were launched, Queen Elizabeth II will smash a champagne bottle to send the Cunard Line's new est flagship down the ways. The vessel, known up to launch time as "Q4" or "Hull No. 763," is slightly smaller than the Queens and, owing to modern materials, vastly lighter (58,000 tons v. Elizabeth's 82,997). And, to the relief of a British government that is underwriting much of its cost, it will also be more economical...