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...that its boat could not support 15 drunk students and one not-so-reluctant proctor. However, after being tossed into the icy water a few times, and battling a dog who had made off with an oar, the crew members still tried to clamber aboard the remains of their vessel. The Rapists eventually snared the "Ronald Reagan" award for leaning furthest to the right...

Author: By Daniel Gil, | Title: Sundry Crews Float and Win, Sink and Swim in Adams Race | 5/10/1976 | See Source »

...bunker oil, which sells for up to $80 per ton on the world market, costs the oil-rich Russians just $20 a ton. Nor are the state-owned Soviet ships saddled with the interest and financing charges that can account for about half the costs of running a Western vessel. Beyond that, the Soviet merchant marine does not have to show a profit; the state can absorb losses until Western lines cut service, or even abandon unprofitable routes. If that happens, warns A.E. Lemon, director of the British & Commonwealth Shipping Co., "the Russians will be able to raise rates...

Author: /time Magazine | Title: SHIPPING: Those Ruthless Russians | 5/3/1976 | See Source »

Ocean Steamship had a tremendous record with its wares. An average Ocean vessel spent only about eight hours each year in drydock for repairs. No ship ever left Ocean's docks without the personal inspection by the company's director. But when the veteran shipbuilders bought a tanker of their own, for all their master craftsmanship, they simply couldn't get an insurance company to give them a break...

Author: By James Cramer, | Title: It All Started With Ships | 3/20/1976 | See Source »

Powell then told a story of Carter in the Navy. Carter's ship was cruising the Caribbean when it met a British Navy vessel. There was one black officer aboard the American ship, and when the British officers invited all the white American officers to a party, all the Americans, including Carter, refused...

Author: By Timothy Carlson, | Title: Carter Departs Massachusetts After Salem Monopoly Stop | 2/28/1976 | See Source »

During the Peninsular War, French soldiers used it for target practice. It is a wreck, blackened and blistered: but of what a vessel! Spanish religious painting takes on the grand rhetoric, the "mighty line" of Marlowe: the arc of stricken figures at the foot of the cross, its profile ending in a folded blaze of green, gold brocade and crimson; the faces of weeping women, smeared and half eroded by darkness; the immense twisted figure of Christ, "quoted" from a Michelangelo drawing, that rises on the cross. Even if there were nothing else in the Royal Academy, this painting alone...

Author: /time Magazine | Title: Art: Spanish Gold in England | 2/16/1976 | See Source »

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