Word: steamships
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Winter Scheme. Sir Basil is now hopeful of leading Cunard to "a new and profitable future in a new market situation." Since becoming Cunard's chairman in late 1965, the former BOAC chief has completely reorganized steamship operations, linked up with British European Airways on a new winter-holiday scheme. Vacationers fly via BEA to Gibraltar, then board a Cunard ship for a leisurely Mediterranean cruise. Cunard does not plan to abandon its summer North Atlantic express service. Due to make its maiden voyage in 1969 is a new $80 million, 58,000-ton, one-class liner, now known...
...area of Puget Sound, Hunt traveled to school in Tacoma, Wash., on his father's 120-ft. steamboat Atalanta, earned pocket money steam-cleaning the vessel's brass spittoons. He quit high school after two years, blitzed through an accounting course and shipped out aboard a steamship plying trade with the Orient, eventually earning a master mariner's rating. After working on a pineapple plantation in Hawaii, Hunt returned home at 20 and set up a brief partnership in a Puget Sound ferry service. In 1927, he bluffed his way into a clerk...
Died. Joseph T. Lykes Sr., 78, U.S. ship owner, last of seven brothers who founded Lykes Bros. Steamship Co. in 1923 to ferry cattle between Gulf ports and Cuba, boosted their business into the biggest U.S. cargo line operating 57 freighters; of arteriosclerosis; in Clearwater...
...that their small shops and other businesses were the only occupational outlet allowed them by the British in the colonial era. Without making some economic concessions, however, the Asians in East Africa cannot long survive. Some have started to sell their businesses at cost, and many are filing into steamship and airline offices to book passage for elsewhere...
...Somoza fortune in Nicaragua is estimated to total some $100 million. The Somozas hold majority interests in the national airline, the steamship company, the gold mines, a steel-fabricating plant and the main port complex; they own cattle ranches, cotton warehouses and thousands of acres of real estate. They have neutralized most of their potential opponents by creating a system in which they have allowed even their opposition to grow rich on the prosperity-but not to share the power. So strong is the Somoza power and confidence, in fact, that the current Anastasio-who is ready to switch from...