Word: transoceanic
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SHIPPING BUSINESS is sinking close to lowest ebb since World War II, and transocean charter rates are down about 50% from peak of Suez crisis. Should recession continue, it will run older, smaller ships off main sea routes. Some ships are already being laid up, but most operators hope to ride out temporary storm, are still placing orders for new ships...
...contact stepped out carrying the dope in a paper bag. The Tribune, owned by the family of California's Senator William F. Knowland, spread its exclusive pictures across Page One and eight columns inside. The arrested man turned out to be Roy Mac Arthur, 31, a pilot for Transocean Airlines, who has been flying a C-54 between California and Japan on the Korean air-freight run. The pilot, said Braumoeller, had been bringing in from Japan each trip as much as four pounds of uncut heroin, worth $32,000 in the underworld. After MacArthur was charged, his lawyer...
Kiewit himself is several times a millionaire. He hops from job to job in his personal DC-3, equipped with extra gas tanks for transocean flights. Kiewit is so busy that recently, when his pilot asked permission to paint the plane's nose, he refused because it would take 48 hours to dry. And the onetime invalid is now so hale that insurance companies long since canceled the penalty rates they used to charge...
Saudi Arabia's King Ibn Saud, whose U.S. shopping sprees have already included the purchase of 20 air-conditioned limousines and a $20,000 auto-trailer, decided he needed a modern flying carpet. Transocean Air Lines announced that it was custom-fitting (for some $100,000) a Douglas DC-4 as an aerial palace for His Majesty. Among the accessories: a raised throne which revolves a full 360° and has an extra-heavy-duty safety belt; an oversized bed in a bedroom complete with bath; an elevator; 18 luxurious chair seats. The plane is expected to be ready...
...Including Pan American, United, Northwest, Seaboard & Western, Transocean, Overseas National, Flying Tiger Line, Trans World Airlines, Capital, American Overseas...