Word: shipyards
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...astonishment of all West Germany, the Willy H. Schlieker KG company, which embraces four of Schlieker's 23 firms and operates his highly automated Hamburg shipyard, admitted that it could not raise the cash to meet $3,500,0001n debts due at the end of July. The firm appealed to a Hamburg court for a form of temporary receivership aimed at avoiding bankruptcy. In part, Schlieker's difficulties simply reflected the troubled state of the whole German shipbuilding industry, which is increasingly hard pressed by competition from state-aided shipyards in other countries. But Schlieker's real...
...crisis shipbuilding boom held up and eager purchasers were willing to make advance payment on ships, thereby assuring Schlieker a steady cash inflow. But lately, with a decline in demand, he has been obliged to agree to payment only after delivery. Result was that the cash collected by his shipyard dropped $14.5 million this year...
With reference to the article "Ferry on Skis" [June 22], I want to draw your attention to some misstatements about who really deserves the credit for the design and the development of the hydrofoil boats built by the Rodriquez Shipyard in Messina, Italy, under a license agreement of Supramar Ltd. The indisputable merit for the invention and the design of hydrofoil boats of the "Schertel-Sachsenberg System" goes to Baron von Schertel-by the way, a grandson of the founder of the Schaefer Brewery in New York. Since World War II, all patent rights belong to Supramar Ltd., which...
...many collaborators was Herr Loebau, the engineer mentioned in your article, who is employed by the Rodriquez Shipyard. A capable and versatile engineer, Herr Loebau actually had no part in the original design of the boats in question. Neither had Signer Rodriquez, who, however, has rendered a great service in introducing the hydrofoil boat in commercial operation...
...National Committee treasurer, demonstrated his fund-raising legerdemain by staging the first $100-a-plate dinner in 1934. His potluck for politics held good when the Senate rejected a Republican attempt, 62-30, to return the nomination over some alleged finagling in the 1946 purchase of a Government-surplus shipyard by Entrepreneur Louis Wolfson. But a regular Irish stew may await McCloskey on the Quid Sod. Demonstrating his Gaelic at a Washington dinner, he bellowed: "Fag a bealach!" Rudely reverberating in Tara's halls, it loosely means...