Hapag-Lloyd and CSAV are in talks over a possible merger that would create the world’s fourth largest ocean carrier.
19 Aug 2013
The U.S. Department of Agriculture’s Food Safety and Inspection Service has expanded the amount of chicken products being recalled by the Chilean Ministry of Health.
15 Aug 2013
Compañía Sud Americana de Vapores has approved the sale of two 6,500 20-foot-equivalent unit ships, in line with the Chilean carrier’s strategy of having larger and more efficient ships.
01 Aug 2013
Compañía Sudamericana de Vapores reported its profit in the second quarter of 2013 was $34.3 million, compared with a net loss of $140.2 million in the second quarter of 2012.
26 Jul 2013
U.S. containerized imports edged up 0.7 percent year-over-year in May, following year-over-year growth of 2 percent in April, according to advance figures from PIERS, a JOC sister company. U.S. containerized imports totaled 1.54 million 20-foot-equivalent units in May, the highest monthly volume since August 2012.
29 May 2013
Compañía Sudamericana de Vapores reported a net loss of $96 million in the first quarter of 2013, improving 53.2 percent from a net loss of $205.2 million in the first quarter of 2012.
01 May 2013
The board of CompañÍa Sud Americana de Vapores has confirmed Francisco Pérez Mackenna as chairman and Andrónico Luksic Craig as vice chairman.
10 Apr 2013
The Chilean Fruit Exporters Association has confirmed that exports of fresh fruit form Chile are back to normal, following labor action by dockworkers which interrupted port operations.
09 Apr 2013
Nearly all stevedores from ports in Chile are back at work, following a port strike that halted labor activities and delayed shipments of copper, fruit and wood pulp, ABC News reports.
04 Apr 2013
Dock workers at the Port of Lirquen in Chile are continuing to strike, according to Hapag-Lloyd.
04 Apr 2013
CSAV said it will prepay a $245 million loan at a 46 percent discount in another move signaling the financial turnaround of the Chilean ocean carrier.