Word: tankers
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...World War II sailor on board the oil tanker Nantahala, McDaniel washed his own dungarees in the boiler room and patted a crease into the legs. But his initial try at running his own dry-cleaning operation failed in 1972 because of the increasing popularity of wash-and-wear garments and the loss of two high-volume customers. After his business declined by $30,000 over three years, McDaniel was forced to sell out for $32,000. He had unsuccessful flings in real estate leasing and carpet cleaning, but then in 1975 he bought a second dry-cleaning shop from...
True Bearing--the title reters to the steady course of protagonist and the path of an oil tanker involved in the collision he investigates--is a journalism junkie's equivalent of the idealized novels treasured by teenage hockey players in Manitoba ("Peter Plays Right Wing") or little leaguers in Williamstown ("A World Series for Johnny"). Though more serious than those efforts, True Bearing is essentially a novelized version of the kind of aspiring journalist who spent his childhood years listening to all-news radio, idolizing Woodward and Bernstein and "Scotty" Reston instead of Mays and Yastrzemski, and waiting...
...market could be thrown into a panic if Saudi Arabia were sucked into the war or if tanker traffic were interrupted through the Strait of Hormuz at the southern end of the Persian Gulf. That 36-mile-wide channel has been the lifeline for some 40% of the non-Communist world's total supply. Experts fear that the price of oil could soar beyond $100 per bbl., triple the current price, if the war were to widen or the strait were to be closed...
...Japanese tanker Shin Aitoku Maru looks like any other ship as it plies the Sea of Japan with a cargo of more than 11,000 bbl. of crude oil. But when the breeze comes up, a microcomputer unfurls a pair of rectangular canvas sails and aligns them to the wind. Stretched tight by rigid metal frames, the 40-ft. by 26-ft. sails resemble windmill paddles more than the billowing canvases of a windjammer. Yet the sails enable this 20th century clipper to move at speeds of up to twelve knots under wind power...
...Japanese tanker is no old salt's dream or a science fiction fantasy but a test vessel that was launched in August and is now undergoing sea trials. Other sailing cargo ships are also being designed or built in Great Britain, Belgium and California. The new move down to the seas in sailing ships has been stimulated by the high cost of oil. Although the Shin Aitoku Maru cost its backers, Shipbuilder Nippon Kokan (N.K.K.) and the Japan Marine Machinery Development Association, some 15% more to construct than a conventional tanker, it will use 50% less fuel than...