Word: tankers
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...Pentagon's leak about the mysterious ship at Nikolayev was obviously timed to coincide with President Nixon's request for more defense funds. It is possible that the vessel, which is about half complete, may turn out to be a tanker or a big cargo freighter. But some Allied naval experts are already willing to bet that the Pentagon is right, and that the ship really is Russia's first attack carrier (it already has two cruiser-sized helicopter carriers). If so, the decision to build an attack carrier represents a dramatic and fundamental shift in Moscow...
...average return of the seven largest international oil companies on the net worth of their Eastern hemisphere facilities fell from 14.1% in 1960 to 11.2% in 1970. The squeeze is so severe that the cash-hungry companies may urge the cash-heavy countries to invest in refineries, pipelines and tanker terminals in Europe...
Recognizing the inefficiency of this "transshipment," a New York entrepreneur named Robert P. Davis has come up with a better plan. His Energy Corp. of America has spent $200,000 to design an enormous shallow-draft ship, which he calls the "ecology tanker." If built as planned, it will look almost roly-poly-890 ft. long, 170 ft. wide, but drawing only 39 ft. fully loaded. At this draft, it can slide easily into most major ports, while still carrying 800,000 bbl. of oil. Much more maneuverable in narrow channels than the monster tankers (thanks to powerful "thruster" propellers...
...Canadian invention called the Oilevator, grimy beaches and greasy seagulls may soon be a thing of the past -provided the machine, nicknamed the "slick-licker," can get to the scene on time. The brainchild of Canadian Engineer Richard Sewell, the licker passed its biggest test last year when a tanker was grounded in Chedabucto Bay, Nova Scotia, and began gushing...
...back in Washington. He scheduled stops in Ohio and Illinois on his return trip, during which he will undoubtedly resume a strong defense of his program. But for the time being, Nixon was content to remain serenely above the fray. He took a daily swim in his pool (a tanker had spilled oil near Nixon's ocean beach while on a refueling operation) and also went out to dinner at one of his favorite restaurants, El Adobe in San Clemente, where he met the chef and chatted with some customers...