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...Suez & Small. Esso Europe's domain and responsibility include 24 refineries, pipelines stretching 3,000 miles, and research laboratories in Britain, Germany, France, Italy and Belgium. So diverse is Jersey that the European company even supervises a nine-acre miniature world near Grenoble, France. There Esso sea captains learn how to handle supertankers that will soon reach 800,000 tons in size by steering 15-ton models around waterways, including a replica of one of the bad bends of the Suez Canal...

Author: /time Magazine | Title: Industry: The Long-Term View From the 29th Floor | 12/29/1967 | See Source »

...ller's Lindoe shipyard near Odense. Of 54 ships launched there in the past ten years, 31 fly the seven-pointed star. But even without the shipping line, the shipbuilding branch would probably be in the black. The boom that followed the closing of the Suez Canal left order books bulging, with some delivery dates as far ahead as 1970. Eleven ships with more than a 2,000,000-ton capacity are on order at Lindoe, including two 240,000-ton tankers for Esso...

Author: /time Magazine | Title: Shipping: Follow the Star | 11/24/1967 | See Source »

...trouble was that Hussein's tone was more convincing than his words. Aside from an early-and never repeated-statement that Nasser might be willing to let Israeli ships use the Suez Canal "under certain conditions," Hussein said little that he had not been saying for months. The Arabs were willing to recognize Israel's right to exist, but not necessarily to recognize Israel. They wanted a "just and lasting peace" but not a formal peace treaty. And before any settlement could even be considered, Israel must withdraw its troops from occupied Arab lands. At one point...

Author: /time Magazine | Title: Jordan: Tone v. Substance | 11/17/1967 | See Source »

...more ebullient. Yaël was assigned as a combat correspondent to the armored division of celebrated General Ariel ("Arik") Sharon. She records how Sharon, outmanned and outtanked,swept out of the Negev, cracked the Egyptian main line of resistance at Um-Katef, and opened the route to the Suez Canal for Israeli armor. She has a sharp sense of color. At the village of Nahel: "The sandstorm receded, and silence took over. The horn of a burning vehicle was operating-a wan sound of alarm not to die for hours-like a soft reminder of what...

Author: /time Magazine | Title: Books: Remorse & Victory | 11/17/1967 | See Source »

...Arabs in 1949 "as the result of military aggression and occupation." Nor will the Golan Heights overlooking Upper Galilee be returned to Syria, whose guns had threatened "havoc and destruction for our villages in the valley." To ensure passage of Israeli shipping through the Strait of Tiran and the Suez Ca al, Israel also intends to maintain some sort of control over the Sinai Peninsu la-which, Eshkol suggested, might be turned into a huge demilitarized zone partly policed by Israeli troops. The city of Jerusalem would remain Israeli at all costs, he said. As a divided city...

Author: /time Magazine | Title: Middle East: Tougher Terms for Peace | 11/10/1967 | See Source »

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