American President Lines has announced plans to build five large new vessels for delivery in mid-1988. The ships are part of a three-year capital program of approximately $500 million to significantly improve efficiency and expand the company's
E u r o c a n a d i a n Shipholdings Limited of Bermuda, and Seatrain Lines, Inc. of New York have concluded an agreement whereby Eurocanadian's Cast Containers Organization will take over 20 Seatrain offices in North America and Europe. As part of the arrangement,
The Situation Improves Greatly For German Shipbuilders As the Federal Republic of Germany's fiscal year drew to a close on September 30 last year, the country's shipbuilding industry was facing some of the most serious problems in its long and distinguished history.