Word: shipper
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...nosing about a leviathan among federal agencies, the Federal Maritime Board. In the last 15 years, the Maritime Board and its predecessor, the Maritime Commission, have spent $14.5 billion on the U.S. Merchant Marine. The spending has gone almost unnoticed by the public because, in the words of one shipper, "there are a lot more people in the U.S. interested in potatoes than in ships." How much waste or skulduggery was there in the spending? Last week...
Harris J. Isbrantsen, the ship's owner, made no such statement and probably told Carlsen that he should stick by the ship, Albion said. He termed this an example of the shipper's "flair for the spectacular...
...Conor added, was made possible by "misrepresentation" and "spurious" bills of lading. To crusty, crafty Hans Isbrandtsen, whose shipping line had drawn up some of the questionable bills of lading, O'Conor's charges were an outrage. "A steamship line such as ours," said he, ". . . follows the shipper's directions . . . whenever those directions are within regulations...
...Usually Right." By sticking to these rules and capitalizing on the fine points of international law, free-enterprising, free-trading Hans Isbrandtsen has become the biggest independent U.S. shipper. He owns ten ships with a replacement value of $20 million, has about 40 others under charter. Much of his cargo carrying is done for his own account: Isbrandtsen trades in such varied commodities as steel, sugar, rubber and grain, and buys coffee which he packages and sells (as "Isbrandtsen 26") in New York and neighboring states...
Isbrandtsen rides his crews hard, insists on quick turnarounds and a minimum of shore leave, is considered by many maritime men the most efficient U.S. shipper. Other shippers make no bones about their dislike of him because he 1) accepts no Government subsidies ("I prefer to earn my own money"), and 2) has fought long & hard against the conferences by which most U.S. shippers' rates are set. His most effective weapon to get business is to undercut the conference rates. Said one conference shipper: "He's the smartest damn guy in the whole business. You can hardly...