SHIPSHAPE.

Focuses on Canada Steamship Lines, the Montreal-based CSL Group Inc., and finance minister Paul Martin. History of CSL under the leadership of Martin; Idea that there could be conflict of interests because Martin did not sell the company, but gave control of CSL to his three sons Paul, James, and David; Question of whether the rich shipping tycoons can manage business succession; Reference to "Atlantic Monthly" magazine which published a story on the global shipping industry and the competitive advantage of having "flags of convenience"; Mention of CSL finance; Role of Pierre Préfontaine at CSL; His comment about the use of self-unloaders; Opposition of the International Transport Workers' Federation to flags of convenience: Issues that the industry has with federal government policy in Canada. INSET: FAMILY TIES.