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► On 18 February, John Gaughan,
America’s shipbuilding hit bottom in 1987 as the last commercial oceangoing ship was delivered to Sea-Land Service, Inc., for its Alaska trade route. Outpriced by foreign yards, the nation’s 69 shipyards now must rely solely on the Navy for their business. Backlogged orders for U. S. yards stood at 83 ships, all Navy vessels.