SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 or 15(d) of the
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
July 17, 1997
APL LIMITED
(Exact name of registrant as specified in charter)
Delaware
(State or other jurisdiction
of incorporation)
1-8544 94-2911022
(Commission File No.) (IRS employer identification no.)
1111 Broadway, Oakland, California 94607
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(510) 272-8000<PAGE>
ITEM 5. OTHER EVENTS.
On July 17, 1997, APL Limited (the "Company") issued the
press release attached as Exhibit 99.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS
(c) Exhibits
99. Press Release dated July 17, 1997.<PAGE>
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly
authorized.
APL LIMITED
By: /s/ William J. Stuebgen
Name: William J. Stuebgen
Title: Vice President,
Controller
Date: July 18, 1997<PAGE>
EXHIBIT INDEX
Exhibit
No. Description
99. Press Release dated July 17, 1997
Exhibit 99
NEWS RELEASE
APL, Two Unions in New Labor Agreements
OAKLAND, Calif., July 17/PRNewswire/ -- APL Limited (APL)
announced today that it has successfully concluded negotiations
for new labor agreements with the Marine Engineers' Beneficial
Association (MEBA), District No. 1 -- PacificCoast District,
and with the American Radio Association (ARA).
The agreement with MEBA affects 45 employees responsible
for maintaining ships' engines and equipment. The agreement
with the ARA affects nine radio officers.
The new agreements are subject to ratification by vote of
members of each union.
"With the completion of this agreement, APL is now able to
bring more vessels into the U.S. merchant fleet. This is good
for MEBA members, for the American merchant marine, and for the
entire country," said Alex Shandrowsky, MEBA President.
"We're also pleased that these new labor agreements have
been negotiated to completion," said John Burgess, APL
[APL Executive Vice President for Operations and Markets. "These
logo] agreements are a step toward transforming our compensation and
benefits into packages that are fair and equitable for our
employees and that enable APL to be more competitive in the
global shipping environment."
Terms of the new agreements were not disclosed. APL pro-
vides worldwide container transportation and logistics services
through an integrated network of high-quality intermodal ser-
vices with state-of-the-art information technology.
SOURCE APL Limited
-0- 07/17/97
/CONTACT: John Pachtner, 510-272-7208, for APL Limited/
1111 Broadway
Oakland, CA 94607
U.S.A.
