Word: tankerous
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Dates: during 1950-1959
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Foreign shipyards are having a peacetime boom. A shipper who wanted to order a freighter, tanker or liner in England, Norway or even Germany last week, might have to wait as long as six years for delivery. Under construction were a whopping 1,152 ships (a total well over 6,000,000 gross tons), 35% of them in the United Kingdom...
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...
...spun out 23 million lbs. of yarn and about 14 million yards of woven cloth. Among Marzotto's other enterprises: a marble-producing plant, a sugar factory, a 6,177-acre model estate on the Adriatic in northern Italy at Portogruaro, equipped with 75 tractors and a small tanker which chugs up irrigation canals firing broadsides of fertilizer on to the growing crops of sugar beets and wheat...
...bridge of the 18,000-ton tanker Nissho Mam as she steamed into Tokyo Bay stood Captain Tatsuo Nitta, flashing a gold-toothed smile. He had just completed a three-week voyage from Abadan, bringing to Japan her first petroleum shipment (15,300 long tons of diesel oil and automobile gasoline) from Premier Mossadegh's nationalized oilfields. At a special introductory price averaging 5.35^ a gallon, he had quite a bargain. Waiting to receive Skipper Nitta at the Kawasaki dock was a cluster of Iranian traders...
...Viking. Cap Rieber came up in the rough & tumble school of oil where a boss often had to win his arguments with his fists. He quit his native Norway at 15 to go to sea in sailing vessels, got into tankers just as Spindletop and the Auto Age gave the U.S. oil industry its biggest boost. He became a tanker captain for _ the fledgling Texas Co., later built up its tanker fleet and ran Texaco's overseas sales. He became chairman of the board in 1935 arid made deals all over the world to increase Texaco...