Word: tankers
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...critics turned out to be wrong on both counts. Egypt has widened the canal with bypasses permitting three convoys daily to use the waterway more efficiently, and deepened it sufficiently to accommodate most of the world's tanker fleet. Last year 18.518 ships traveled through the canal, 370 more than in 1961. Further plans call for additional deepening of the canal, and making it two-way for its entire 102-mile length...
...size; it ranks 18th among all oil companies. The remarkable fact about Petrofina is that it has become a strapping middleweight with hardly more than a skeleton to work with. After World War II, its lone refinery was in ruins, its fleet reduced to one 9,500-ton tanker and its only oilfields nationalized by Communist Rumania. Today it presides over 60 main subsidiaries in 18 countries, 10,000 service stations in Europe alone and a tanker fleet that totals 1,000,000 tons. Last year it raised sales 10% to $740 million, began refinery expansions that will almost triple...
...represented an irresistible "sporting challenge." Firing up Sasebo's workers with daily pep talks, he diversified the company into diesel engines, bridges and steel tanks. He capitalized aggressively on the demand for supertankers created by the 1956 Suez crisis. Last July, Sasebo launched the world's biggest tanker, the 131,000-ton Nissho Mam, and last month it got an order for two 95,000-ton tankers from Socony Mobil. Sasebo, which earned $1,030,000 on sales of $30 million in 1961, is now Japan's leading builder of ships for export...
...Conversion of three KC-135 turbojet tanker aircraft, stationed at Andrews Air Force Base near Washington, to provide similar command centers aloft...
...experts point out that this will be equal to only one U.S. bomber wing. For Gallic egos, this does not matter. More important, it will no doubt increase France's influence. Already, its imminent reality has persuaded the U.S. to supply De Gaulle with air-to-air refueling tanker planes to increase the Mirages' effective range...