06 Dec 2015
Following the merger of Compania Sud Americana de Vapores, also known as CSAV, with Hapag-Lloyd and the takeover of Compania Chilena de Navegacion Interoceanica, or CCNI, by Hamburg Sud, the two Chile shipping companies are focused on domestic business.
04 Dec 2015
As more terminal capacity comes online and volume remains muted, port operators along South America’s west coast, principally in Peru and Chile, are expecting competition for cargo to be fierce in 2016.
21 Jun 2015
Chilean ports have been hit by a series of brief strikes by port workers protesting terms of a labor reform approved last week by the lower chamber of the nation’s congress.
18 May 2015
Fruit exports from Chile and Peru are off to a promising start in 2015 thanks in large part to better weather and increasing demand from key overseas markets.
07 Apr 2015
After FedEx Corp. unveiled a $4.8 billion deal to acquire Dutch company TNT Express this week, the immediate focus was on how the merger would significantly boost the U.S.-based company’s footprint in the European express market.
19 Dec 2014
Concluding the final stage in its merger with Hapag-Lloyd, CSAV injected 259 million euros ($317 million) into the combined company and in doing so increased its shareholding to 34 percent in what is now the world’s fourth largest container line.
29 Nov 2014
China is speeding up its process of ditching a two-year ban on Brazilian red meat with a resumption of imports expected before Christmas, said Brazil’s agriculture minister, Neri Geller. And Saudi Arabia is expected to resume imports of Brazilian beef by the end of this year.
13 Nov 2014
CSAV, nearing its merger with Hapag-Lloyd, cut its third quarter operating losses by 24 percent year-over-year but still ended the third quarter in the red, the Chilean carrier announced said Wednesday