content: ___________________________________________________________________________
  
  
  
  
  
                         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:  January 6, 1994
  
  
  
  
                         AMERICAN PRESIDENT COMPANIES, LTD.
               (Exact name of registrant as specified in its charter)
  
  
  
              Delaware                   1-8544                  94-2911022
  (State or other jurisdiction of     (Commission            (I.R.S. Employer
  incorporation or organization)      File Number)        Identification No.)
  
  
  
  
                   1111 Broadway, Oakland, California        94607
                  (Address of principal executive offices)   (Zip Code)
                                          
                                          
                                          
                   Registrant's telephone number:  (510) 272-8000
  
  ___________________________________________________________________________
  
  <PAGE>
  
  
  
                 AMERICAN PRESIDENT COMPANIES, LTD. AND SUBSIDIARIES
  
  
  
  
  Item 5. Other Events
  
  
          On  December  6,  1993, American President Companies, Ltd. (the 
  "company") entered  into  an  agreement  with Daewoo Shipbuilding and  Heavy
  Machinery,  Ltd. ("Daewoo"),  of  Korea, under which Daewoo will construct three
  new  diesel-powered containerships for delivery to the company in 1996.
  
  
  
         On December 29, 1993, American President Lines, Ltd. ("APL"), a wholly
  owned subsidiary  of  the company, finalized a settlement with the U.S. Military
  Sealift Command  on all claims arising from the contract that governed APL's
  transportation of Operation Desert Storm cargo.
  
  
  
  Item 7.  Financial Statements and Exhibits
  
  (c)  Exhibits
  
  Exhibit
  Number                       Description
  _______                _______________________
  
  28.1                        Press Release dated December 6, 1993
  
  28.2                        Press Release dated January 6, 1994
  
  
  <PAGE>
  
                 AMERICAN PRESIDENT COMPANIES, LTD. AND SUBSIDIARIES
                                          
                                          
                                          
                                          
                                          
                                          
                                     SIGNATURES
  
  
  
       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.
  
  
                                            AMERICAN PRESIDENT COMPANIES, LTD.
  
  
  
  Dated:  January 6, 1994                        By /s/  William J. Stuebgen
                                                         William J. Stuebgen
                                                   Vice President, Controller
                                                     Chief Accounting Officer
  
  <PAGE>
  
                 AMERICAN PRESIDENT COMPANIES, LTD. AND SUBSIDIARIES
                                          
                                          
                                          
                                    EXHIBIT INDEX
                                          
  
  Exhibit
  Number                     Description
  _______                _______________________
  
  
  28.1                        Press Release dated December 6, 1993
  
  
  28.2                        Press Release dated January 6, 1994
metadata_documents: [{"type": "8-K", "sequence": "1", "description": "FILING OF FORM 8K FOR APC DATED 1/6/94", "secsgml_size_bytes": 3958}]
metadata_filer: {"company-data": {"conformed-name": "AMERICAN PRESIDENT COMPANIES LTD", "cik": "0000725457", "assigned-sic": "4412", "irs-number": "942911022", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-08544", "film-number": "94500571"}, "business-address": {"street1": "1111 BROADWAY", "city": "OAKLAND", "state": "CA", "zip": "94607", "phone": "4152718000"}}
text: ___________________________________________________________________________
  
                         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:  January 6, 1994
  
                         AMERICAN PRESIDENT COMPANIES, LTD.
               (Exact name of registrant as specified in its charter)
  
              Delaware                   1-8544                  94-2911022
  (State or other jurisdiction of     (Commission            (I.R.S. Employer
  incorporation or organization)      File Number)        Identification No.)
  
                   1111 Broadway, Oakland, California        94607
                  (Address of principal executive offices)   (Zip Code)
                                          
                                          
                                          
                   Registrant's telephone number:  (510) 272-8000
  
  ___________________________________________________________________________
  AMERICAN PRESIDENT COMPANIES, LTD. AND SUBSIDIARIES
  
  Item 5. Other Events
  
          On  December  6,  1993, American President Companies, Ltd. (the 
  "company") entered  into  an  agreement  with Daewoo Shipbuilding and  Heavy
  Machinery,  Ltd. ("Daewoo"),  of  Korea, under which Daewoo will construct three
  new  diesel-powered containerships for delivery to the company in 1996.
  
         On December 29, 1993, American President Lines, Ltd. ("APL"), a wholly
  owned subsidiary  of  the company, finalized a settlement with the U.S. Military
  Sealift Command  on all claims arising from the contract that governed APL's
  transportation of Operation Desert Storm cargo.
  
  Item 7.  Financial Statements and Exhibits
  
  (c)  Exhibits
  
  Exhibit
  Number                       Description
  _______                _______________________
  
  28.1                        Press Release dated December 6, 1993
  
  28.2                        Press Release dated January 6, 1994
  AMERICAN PRESIDENT COMPANIES, LTD. AND SUBSIDIARIES
                                          
                                          
                                          
                                          
                                          
                                          
                                     SIGNATURES
  
       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.
  
                                            AMERICAN PRESIDENT COMPANIES, LTD.
  
  Dated:  January 6, 1994                        By /s/  William J. Stuebgen
                                                         William J. Stuebgen
                                                   Vice President, Controller
                                                     Chief Accounting Officer
  AMERICAN PRESIDENT COMPANIES, LTD. AND SUBSIDIARIES
                                          
                                          
                                          
                                    EXHIBIT INDEX
                                          
  
  Exhibit
  Number                     Description
  _______                _______________________
  
  28.1                        Press Release dated December 6, 1993
  
  28.2                        Press Release dated January 6, 1994