Page 11: of Maritime Reporter Magazine (August 1969)

American Mail Line's Washington Mail built by Todd, Los Angeles Why is air freight called "shipping?" It's no mere sop to tradition that anything carried by air (or any way) is spoken of as "shipping." The word per-sists because ships persist in being the major movers where the greatest weights and distances are involved. As in international trade...or military ship-ments overseas. Of all material needed in Vietnam, for instance, more than 95% is ship-delivered. It was 99% in World War II. And in Korea, 98%. Wartime or any time, ships are literally life-and-death important to a nation on an island continent and far from self-sufficient: Of 77 strategic materials needed, we must import 66. Yet?here's the shocker ? nearly 95% of our im-ports and exports are carried by foreign ships. That's a ratio fraught with risk. A risk no other nation elects to take. Smaller ones, like West Germany and Sweden, are building more than double our new merchant tonnage. Russia is taking delivery of 8 ships for every one America builds. Unless we build more ships in U.S. yards, we really can't be sure of getting more ships?or shipping?when we may need them even more than now. Todd is doing something about it. For instance, the recent expansion of dry-dock facilities at our San Francisco yard capable of handling any size containership in today's Pacific trade. Executive offices: One Broadway, New York, New York 10004. SHIPYARDS CORPORATION SHIPYARDS: Brooklyn . New Orleans . Galveston Houston . Los Angeles ? San Francisco ? Seattle August 1, 1969 13