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ELIMINATION of shipbuilding subsidies from the 1954 budget (TIME, June 15) has already thrown some shipyard work overseas. American-Hawaiian Steamship Co. is converting three freighters to combination tanker-ore carriers in Japan instead of in the U.S. Japanese bids for the job came to about half the lowest U.S. bid ($3,000,000 a ship...

Author: /time Magazine | Title: Business: TIME CLOCK, Jun. 22, 1953 | 6/22/1953 | See Source »

...iceman and shipyard worker, I defy anyone to try to carry a coffin with the position his hand is in. The handle would slip out of his fingers. And it is not even resting on his shoulder. And can't you almost hear him groaning under his burden? Just try to carry a load and see what happens to the other arm. It just doesn't drape gracefully at your side...

Author: /time Magazine | Title: Letters, may 11, 1953 | 5/11/1953 | See Source »

...Atomic Age. When will such an atomic engine be ready? Last week the Newport News shipyard, which is working on the supercarrier Forrestal, gave a possible hint. It took ads asking for men "interested in a career in atomic energy." It looked as if the shipbuilding company hopes to land a contract for another carrier of the Forrestal class, to be powered by an atomic engine. Price evidently thinks the atomic age of power is close. This week he announced that Westinghouse will spend $2,000,000 to build, on an abandoned golf course five miles northeast of Pittsburgh...

Author: /time Magazine | Title: CORPORATIONS: Atomic-Power Men | 3/2/1953 | See Source »

...Sweden, thus became, he claims, the first Greek shipowner to get into oil transport. During the war, with most of his ships impounded in Sweden, he ran the rest of them for the Allies. At war's end, when Bethlehem Steel planned to close its Sparrows Point, Md. shipyard, Onassis came through with the first postwar order for tankers in the U.S., and persuaded the company to keep its shipyard going. The order was for six 28,000-ton tankers, at a total cost of $34 million...

Author: /time Magazine | Title: SHIPPING: The Man Who Bought the Bank | 1/19/1953 | See Source »

Still full of faith in its carriers, the Navy announced that the U.S.S. Antietam was in Brooklyn's Naval Shipyard for a million-dollar face-lifting.When the workmen have finished, the rear deck of the Antietam will angle to port so that landing aircraft will no longer head directly toward planes parked at the bow (see diagram...

Author: /time Magazine | Title: Science: Water-Based | 11/24/1952 | See Source »

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