AMERICAN PRESIDENT &lt;APS> TO LEASE MORE SHIPS

  American President Cos Ltd said
  its American President Lines shipping subsidiary  obtained
  final approval from U.S. and Japanese authorities to lease four
  new ships from Lykes Bros Co.
      The move will will enable it to boost service in the
  Pacific by 15 pct in 1987, American President said.
      The company said it will lease the ships for three years
  and hold two additional three-year options.
      It said American President Lines is currently operating at
  capacity in the Pacific and the new ships will arrive in time
  for the normal demand surge of the spring and summer seasons.
  

