Word: tankers
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BOAC's sister company, British South American Airways, is experimenting with a new trick to speed up Britain's lumbering transports: nonstop Atlantic crossings with midair refueling over the Azores from 'tanker" planes. While Britain bumbles along, smaller nations with bright new U.S. planes are catching some of the cream of world air travel...
...rest of the summer, at least, the Midwest will have no more gasoline than in 1946-and consumption is up about 15%. The Midwest felt the pinch first because the railroads, swamped by the bumper wheat crop, could not haul enough tank cars. The East Coast, supplied by tanker, is luckier...
Ashore, the death toll was small (5), but at least 62 men lost their lives as shipping wallowed in one of the worst storms of the century. At Sker Point, in Wales, hundreds watched helplessly as the 40 crewmen of a tanker, breaking up on the rocks 300 yards offshore, were swept to death by huge waves. A lifeboat, which set out to the stricken ship, was swamped and its crew of eight men lost...
...step towards marketing these vast resources (estimated potential: up to 26 billion bbls.), Aramco last week awarded contracts for the biggest and costliest pipeline in oil history. Straddling the Middle East for a distance of some 1,000 miles, the 30-inch pipe will shortcut the long haul by tanker from fields on the Persian Gulf to ports in the Mediterranean. It will cost some $100,000,000, will deliver up to 370,000 bbls. of crude oil a day, some 60,000 more than Big Inch (TIME...
...some financial help to exploit the Arabian pool. It has already spent an estimated $200 million on its concessions. Now it plans to spend $125 million on a 26-inch pipeline running 1,200 miles northwest from the Persian Gulf to Haifa to save the long haul by tanker through...